Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 5 - Special reports  

REGULATION 10.2.20   SPECIAL REPORT BY SECURITIES EXCHANGE ABOUT COMPLIANCE WITH ONGOING REQUIREMENTS: ASIC REQUIREMENTS  

10.2.20(1)   [ Application]  

This regulation applies if:

(a) a securities exchange was required, before the FSR commencement, to give ASIC a special report under subsection 769D(1) of the old Corporations Act; and

(b) ASIC had not complied with its obligations to the Minister under section 769D of the old Corporations Act before the FSR commencement; and

(c) the period for compliance had not expired before the FSR commencement.

10.2.20(2)   [ Deemed obligations]  

On and after the FSR commencement, ASIC's obligations to the Minister are taken to be obligations under subsection 794B(1) of the Act.