(1) ASIC may, by writing, declare that Division 3, and regulations made for the purposes of the provisions of that Division, are to apply to particular non-marketable securities, or a particular class of non-marketable securities, as if those securities, or securities of that class, were marketable securities or marketable rights within the meaning of that Division. (2) In a declaration under subsection (1), ASIC may also specify modifications of Division 3, and of regulations made for the purposes of the provisions of that Division, that are to have effect in relation to the application of that Division and those regulations to the non-marketable securities, or the class of non-marketable securities, to which the declaration relates. (3) A declaration under subsection (1) has effect accordingly. (4) ASIC must cause a copy of a declaration under subsection (1) to be published in the Gazette . (5) In this section: