(1) The Minister may by writing declare a specified futures market to be, subject to any specified conditions, an exempt futures market. (1A) A person must not contravene a condition specified in a declaration in force under this section. (1B) If a person has contravened a condition specified in a declaration in force under this section, the Court may, on ASIC's application, order the person to comply with the condition. (2) Without limiting the matters to which the Minister may have regard in considering whether to vary or revoke a declaration in force under this section, he or she may, in so considering, have regard to a breach of a condition specified in the declaration.