Corporations Act 2001
CHAPTER 10
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TRANSITIONAL PROVISIONS
PART 10.2
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TRANSITIONAL PROVISIONS RELATING TO THE FINANCIAL SERVICES REFORM ACT 2001
Division 1
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Transitional provisions relating to the phasing-in of the new financial services regime
Subdivision B
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Treatment of existing markets
SECTION 1411
1411
WHEN IS A MARKET BEING OPERATED IMMEDIATELY BEFORE THE FSR COMMENCEMENT?
Subject to section 1412, in this Subdivision, a reference to a market being operated immediately before the FSR commencement is a reference to a market that had not permanently ceased to operate before the FSR commencement, even if trading on the market was not actually occurring immediately before the FSR commencement (for example, because of a routine temporary closure of the market).
View history note
Hide history noteSubject to section 1412, in this Subdivision, a reference to a market being operated immediately before the FSR commencement is a reference to a market that had not permanently ceased to operate before the FSR commencement, even if trading on the market was not actually occurring immediately before the FSR commencement (for example, because of a routine temporary closure of the market).
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