Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.15 - TRANSITIONAL PROVISIONS RELATING TO THE CORPORATIONS AMENDMENT (FINANCIAL MARKET SUPERVISION) ACT 2010  

REGULATION 10.15.05   NOTIFICATION GIVEN BY PARTICIPANT TO OPERATOR OF LICENSED MARKET  

10.15.05(1)    
This regulation applies if:

(a) a participant in a licensed market gave the operator of the licensed market a written notification or certification under the operating rules of the licensed market; and

(b) the power or obligation in the operating rules to give the notification or certification is incorporated into the market integrity rules.

10.15.05(2)    
The notification or certification:

(a) is taken to have been given to ASIC by the participant under the market integrity rules; and

(b) will continue in its existing form, and continue to have the same effect, (as given under the operating rules) unless ASIC otherwise determines.

10.15.05(3)    
ASIC may:

(a) determine that a notification or certification is no longer appropriate; and

(b) determine, in writing, that the notification or certification is amended or revoked as provided in the determination.

10.15.05(4)    
If ASIC proposes to make a determination under subregulation (3), ASIC must give reasonable notice to the participant before making the determination.