Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

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History

Ch 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).

Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].

As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.

PART 7.5B - REGULATION OF FINANCIAL BENCHMARKS  

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Pt 7.5B inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).

Division 2 - Licensing of financial benchmarks  

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Div 2 inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).

Subdivision H - Other matters  

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Subdiv H inserted by No 27 of 2018, s 3, Sch 1[1].

SECTION 908BX   BASIS OF LICENCES  

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908BX(1)    
A benchmark administrator licence is granted under this Part on the basis that:

(a) the licence may be varied, suspended or cancelled, or made subject to conditions (or additional conditions), by or under:

(i) this Division; or

(ii) later legislation; and

(b) no compensation is payable if the licence is varied, suspended or cancelled, or made subject to conditions (or additional conditions), as mentioned in paragraph (a).

908BX(2)    
Subsection (1) does not, by implication, affect the interpretation of any other provision:

(a) of this Act; or

(b) of an instrument made under this Act.

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History

S 908BX inserted by No 27 of 2018, s 3, Sch 1[1] (effective 12 April 2018).

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