Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 5 - Provisions common to both kinds of compensation arrangements  

REGULATION 7.5.86   EXCESS MONEY IN NATIONAL GUARANTEE FUND  

7.5.86(1)   [ Minister may notify SEGC]  

The Minister may notify the SEGC that the Minister is satisfied that:


(a) a market licensee specified in the notification is operating a financial market to which Division 4 of Part 7.5 of the Act applies; or


(b) each market licensee specified in the notification is operating a financial market to which Division 4 of Part 7.5 of the Act applies.

7.5.86(2)   [ Excess money]  

For section 892G of the Act, if, on a day, the amount in the NGF is greater than the minimum amount identified in accordance with section 889I of the Act, the amount by which it is greater is excess money.




This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.