Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
View history note
Hide history noteThe operating rules of a prescribed CS facility may deal with the transfer of financial products through the facility.
1074C(2) [ Way in which product transferred]Without limiting subsection (1), the operating rules of a prescribed CS facility may deal with the way in which a financial product may be transferred, including specifying:
(a) the financial products that may be transferred through the facility; and
(b) how financial products are transferred through the facility; and
(c) the person or body (if any) authorised to determine whether a transfer substantially complies with the operating rules of the facility. 1074C(3) [ No discretion]
Nothing in subsection (1) or (2) confers a discretion to deal with a matter in the operating rules of a prescribed CS facility if there is an obligation under section 822A for that matter to be dealt with in those rules.
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