Commonwealth Numbered Regulations Commonwealth Numbered Regulations(1) A leviable entity forms part of the margin lenders sub-sector in a financial year if, at any time in the financial year, the entity holds an Australian financial services licence that authorises the holder to deal in a financial product by issuing margin lending facilities.
Entity metric
(2) The leviable entity's entity metric for the sub-sector for the financial year is the number of days in the financial year on which the entity holds a licence of the kind mentioned in subsection (1).