Western Australian Current Acts

ELECTRONIC CONVEYANCING ACT 2014 - SECT 22

22 .         Operating requirements for ELNOs (cf. ECNL s. 22)

        (1)         The Registrar may determine, in writing, requirements ( operating requirements ) relating to —

            (a)         the operation of an ELNO; and

            (b)         the provision and operation, by an ELNO, of an ELN.

        (2)         The operating requirements may (without limitation) include provisions relating to the following matters —

            (a)         the financial standing of an ELNO;

            (b)         compliance with the participation rules, including (without limitation) —

                  (i)         requiring an ELNO to use a participation agreement when authorising persons to use an ELN; and

                  (ii)         requiring participation agreements to incorporate the participation rules;

            (c)         the technical and operational requirements for an ELN;

            (d)         the insurance cover to be held by an ELNO;

            (e)         the circumstances in which the Authority may suspend or revoke the approval of a person as an ELNO;

            (f)         the giving of directions to an ELNO by the Authority or the Registrar, for example a direction to restrict, suspend or terminate a subscriber’s or other person’s use of an ELN.