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 7.3B - CRISIS RESOLUTION FOR CS FACILITY LICENSEES  

Division 5 - Directions  

Subdivision A - Directions to manage or respond to crisis  

SECTION 840C  

840C   DIRECTIONS TO MANAGE OR RESPOND TO CRISIS - RELATIONSHIP WITH OTHER PROVISIONS  

If a direction under subsection 840A(1) directs a CS facility licensee to change any of the facility ' s operating rules or procedures, neither of the following provisions apply in relation to the change:

(a)    subsection 822D(2) (about change ceasing to have effect if ASIC not notified);

(b)    section 822E (about disallowance).

Note: The licensee would still need to notify ASIC of the change: see subsection 822D(1) .