Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
PART 7.3A
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CS SERVICES
Division 1
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Preliminary
SECTION 828
MEANING OF CS SERVICE
828(1)
A CS service is a service that can only be provided if it has access to a clearing and settlement facility, or to data used in the operation of a clearing and settlement facility.
828(2)
The operation of a clearing and settlement facility is taken to be the provision of a CS service .
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteA CS service is a service that can only be provided if it has access to a clearing and settlement facility, or to data used in the operation of a clearing and settlement facility.
828(2)
The operation of a clearing and settlement facility is taken to be the provision of a CS service .
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