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 noteA person must only operate, or hold out that the person operates, a financial market in this jurisdiction if: (a) the person has an Australian market licence that authorises the person to operate the market in this jurisdiction; or (b) the market is exempt from the operation of this Part; or (c) the person is exempt from the operation of this Part.
Note 1: A market licensee may also provide financial services incidental to the operation of the market: see paragraph 911A(2)(d) .
Note 2: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
791A(2)
For the purposes of an offence based on subsection (1) , strict liability applies to paragraph (1)(b) .
Note: For strict liability , see section 6.1 of the Criminal Code .
791A(3)
A person contravenes this subsection if the person contravenes subsection (1) .
Note: This subsection is a civil penalty provision (see section 1317E ).
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