Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.2 - LICENSING OF FINANCIAL MARKETS  

Division 1 - Market licensees' obligations  

REGULATION 7.2.02   OBLIGATION TO INFORM ASIC OF CERTAIN MATTERS: BECOMING DIRECTOR, SECRETARY OR EXECUTIVE OFFICER OF MARKET LICENSEE  

7.2.02(1)   [ Application]  

This regulation applies if a person becomes a director, secretary or executive officer of a market licensee or of a holding company of a market licensee (including when the person changes from one of those positions to another).

7.2.02(2)   [ Information to be given to ASIC]  

For subsection 792B(5) of the Act, the information to be given to ASIC by the market licensee is:

(a) the person's name and contact details; and

(b) the date of appointment to the position; and

(c) the person's educational qualifications and financial market experience; and

(d) if the market licensee is aware of any details of a conviction of the kind mentioned in subsection 206B(1) of the Act - the details; and

(e) whether the market licensee knows whether the person:

(i) is an undischarged bankrupt; or

(ii) has entered into a deed of arrangement or composition of a kind mentioned in subsections 206B(3) and (4) of the Act;

and, if the market licensee knows the information, details of what the market licensee knows.