Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Act 2024 (87 of 2024)
Schedule 3 Financial market infrastructure: transfer of powers
Part 1 Main amendments
Division 2 Licensing of CS facilities
Corporations Act 2001
127 At the end of Division 4 of Part 7.3
Add:
827E Certain powers - consultation between ASIC and the Reserve Bank
ASIC must consult Reserve Bank
(1) Before exercising a power under subsection 820C(1) or (7), 822E(2), 824B(1) or (2), 825A(1), 826A(1) or 826C(1) or section 826E, ASIC must consult the Reserve Bank.
Reserve Bank must consult ASIC
(2) Before exercising a power under subsection 820CA(1), (3), (7) or (9), the Reserve Bank must consult ASIC.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
