Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)

Schedule 3   Financial market infrastructure: transfer of powers

Part 1   Main amendments

Division 2   Licensing of CS facilities

Corporations Act 2001

82   Section 823B

Repeal the section, substitute:

823B ASIC's power to require special report

(1) ASIC may give a CS facility licensee a written notice requiring the licensee to give ASIC a special report on specified matters.

(2) The licensee must give the special report to ASIC within the time required by the notice.

Note: Failure to comply with this subsection is an offence: see subsection 1311(1).