Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 5 - Provisions common to both kinds of compensation arrangements  

REGULATION 7.5.86   EXCESS MONEY IN NATIONAL GUARANTEE FUND  

7.5.86(1)   [ Minister may notify SEGC]  

The Minister may notify the SEGC that the Minister is satisfied that:


(a) a market licensee specified in the notification is operating a financial market to which Division 4 of Part 7.5 of the Act applies; or


(b) each market licensee specified in the notification is operating a financial market to which Division 4 of Part 7.5 of the Act applies.

7.5.86(2)   [ Excess money]  

For section 892G of the Act, if, on a day, the amount in the NGF is greater than the minimum amount identified in accordance with section 889I of the Act, the amount by which it is greater is excess money.


 

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