investment instrument

Refers to certain financial products, including:

• a share in the body, or a debenture in a body
• a derivative
• a foreign exchange contract that is not a derivative
• an interest in, or a unit in an interest in, a managed investment scheme
• a unity in a share in a body, and
• a financial product traded on the financial market that is operated in accordance with an Australian market licence or exempt from the operation of Part 7.2 of the Corporations Act 2001;

but does not include:

• the creation or transfer of a right to payment in connection with interest in land (where the written evidence of the transfer does not specifically identify the land)
• a document of title
• an intermediated security, and
• a negotiable instrument.

See definition of 'investment instrument' under section 10 of the PPS Act.