Treasury Laws Amendment (2023 Law Improvement Package No. 1) Act 2023 (76 of 2023)
Schedule 2 ALRC Financial Services Interim Report: single glossary of defined terms
Part 1 Amendments
Division 9 Terms relating to financial services and markets
Corporations Act 2001
373 Section 850A
Repeal the section, substitute:
850A Meaning of widely held market body
A widely held market body is a body corporate that:
(a) either:
(i) has an Australian market licence or an Australian CS facility licence; or
(ii) is the holding company of a body corporate that has an Australian market licence or an Australian CS facility licence; and
(b) is specified in regulations made for the purposes of this paragraph.