Corporations Amendment Regulations 2009 (No. 8) (327 of 2009)

Schedule 2   Amendments commencing on the day specified by the Minister by instrument in writing

[4]   After subregulation 7.9.100 (3)

insert

(4) For subparagraph 1020AB (3) (b) (i) of the Act, in relation to particulars mentioned in paragraph (1) (d), the seller must give the particulars:

(a) on or before 9 am on the third reporting day after entering into the agreement to sell that causes the short position to occur; and

(b) on or before 9 am on each subsequent reporting day as long as the seller has a short position.

(5) Paragraph (4) (b) applies whether or not the particulars about the short position have changed from that given on the previous day.

(6) For subparagraph 1020AB (3) (b) (ii) of the Act, in relation to particulars mentioned in paragraph (1) (d), the seller must give the particulars in the form required by ASIC.

(7) For subparagraphs 1020AB (4) (a) (ii) and (b) (ii) of the Act, in relation to the particulars mentioned in paragraph (1) (d), the entity is ASIC.