Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 10.15.04

         (1)   This regulation applies if:

                (a)    an operator of a licensed market gave a written waiver, consent, recognition, accreditation, approval, determination, exemption or notification to a participant in the licensed market under the operating rules of the licensed market; and

               (b)    the power or obligation in the operating rules to give the waiver, consent, recognition, accreditation, approval, determination, exemption or notification is incorporated into the market integrity rules.

         (2)   The waiver, consent, recognition, accreditation, approval, determination, exemption or notification:

                (a)    is taken to have been given by ASIC under the market integrity rules; and

               (b)    will continue in its existing form, and continue to have the same effect, (as given under the operating rules) unless ASIC determines that it should be amended or revoked.

         (3)   ASIC may:

                (a)    determine that a waiver, consent, recognition, accreditation, approval, determination, exemption or notification is no longer appropriate; and

               (b)    determine, in writing, that the waiver, consent, recognition, accreditation, approval, determination, exemption or notification is amended or revoked as provided in the determination.

         (4)   If ASIC proposes to make a determination under subregulation (3), ASIC must give reasonable notice to the participant before making the determination.

10.15.05     Notification given by participant to operator of licensed market

         (1)   This regulation applies if:

                (a)    a participant in a licensed market gave the operator of the licensed market a written notification or certification under the operating rules of the licensed market; and

               (b)    the power or obligation in the operating rules to give the notification or certification is incorporated into the market integrity rules.

         (2)   The notification or certification:

                (a)    is taken to have been given to ASIC by the participant under the market integrity rules; and

               (b)    will continue in its existing form, and continue to have the same effect, (as given under the operating rules) unless ASIC otherwise determines.

         (3)   ASIC may:

                (a)    determine that a notification or certification is no longer appropriate; and

               (b)    determine, in writing, that the notification or certification is amended or revoked as provided in the determination.

         (4)   If ASIC proposes to make a determination under subregulation (3), ASIC must give reasonable notice to the participant before making the determination.

10.15.06     Registers

                If:

                (a)    an operator of a licensed market kept a register under, or in relation to, the operating rules of the licensed market; and

               (b)    the relevant operating rules are incorporated into the market integrity rules;

the register is taken to be kept by ASIC under, or in relation to, the market integrity rules.