Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES  

Division 1 - Regulation of CS facility licensees: licensees' obligations  

REGULATION 7.3.03   OBLIGATION TO INFORM ASIC OF CERTAIN MATTERS: VOTING POWER IN CS FACILITY LICENSEE  

7.3.03(1)   [ Application]  

This regulation applies if a CS facility licensee becomes aware that a person has come to have, or has ceased to have, more than 15% of the voting power in the CS facility licensee or in a holding company of the CS facility licensee.

7.3.03(2)   [ Information to be given to ASIC]  

For subsection 821B(4) of the Act, the information to be given to ASIC by the CS facility licensee is:

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

(b) if known by the CS facility licensee, the date on which the person came to have, or ceased to have, more than 15% of the voting power; and

(c) if the CS facility licensee knows the voting power that the person had immediately before the person came to have, or ceased to have, more than 15% of the voting power, that voting power; and

(d) whether the CS facility licensee knows the manner in which the person came to have, or ceased to have, more than 15% of the voting power, and, if the CS facility licensee knows the manner, details of what the CS facility licensee knows.