Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 5 - Provisions common to both kinds of compensation arrangements  

SECTION 892K   RISK ASSESSMENT REPORT  

892K(1)    

For the purposes of monitoring compliance with, and the operation of, this Part, ASIC may, by giving the operator of a financial market written notice, require the operator:

(a)    to cause a risk assessment report to be prepared in relation to the market in accordance with the requirements specified in the notice; and

(b)    to give that report to ASIC by the time specified in the notice.

892K(2)    
The operator must comply with the notice.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).