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ASIC SUPERVISORY COST RECOVERY LEVY REGULATIONS 2017 (F2017L00805) - REG 52

Large futures exchange operators

             (1)  A leviable entity forms part of the large futures exchange operators sub-sector in a financial year if, at any time in the financial year, the entity is the operator of a large futures exchange.

Entity metric

             (2)  The leviable entity's entity metric for the sub-sector for the financial year is:

                     (a)  unless paragraph (b) applies--the number of days in the financial year on which the entity operated the exchange; or

                     (b)  if the entity operated 2 or more large futures exchanges in the financial year--the sum of the days worked out under paragraph (a) for each of those exchanges.

             (3)  A licensed market is a large futures exchange , in relation to a financial year, if:

                     (a)  10 million or more futures transactions are entered into on the market in the financial year; and

                     (b)  the market is not:

                              (i)  an overseas market; or

                             (ii)  a large securities exchange.



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