Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 793A

Content of the operating rules and procedures

  (1)   The operating rules of a licensed market must deal with the matters prescribed by regulations made for the purposes of this subsection.

  (2)   The regulations may also prescribe matters in respect of which a licensed market must have written procedures.

  (3)   However, subsections   (1) and (2) do not apply if the licensee is also authorised to operate the market in the foreign country in which its principal place of business is located and the licence was granted under subsection   795B(2) (overseas markets).

  (4)   In a subsection   (3) case, ASIC may determine, by giving written notice to the licensee, matters in respect of which the licensed market must have written procedures.


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