Corporations Act 2001
CHAPTER 7
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FINANCIAL SERVICES AND MARKETS
ASIC may vary a benchmark administrator licence to:
(a) take account of a change in the licensee ' s name; or
(b) take account of a change in the financial benchmark specified in the licence; or
(c) specify one or more further financial benchmarks;
PART 7.5B
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REGULATION OF FINANCIAL BENCHMARKS
Division 2
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Licensing of financial benchmarks
Subdivision D
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When a licence can be varied, suspended or cancelled
SECTION 908BH
908BH
VARYING LICENCES
ASIC may vary a benchmark administrator licence to:
(a) take account of a change in the licensee ' s name; or
(b) take account of a change in the financial benchmark specified in the licence; or
(c) specify one or more further financial benchmarks;
if the licensee seeks the variation by lodging an application with ASIC in a form approved by ASIC in writing.
Note 1: The conditions on the licence can be varied under section 908BG .
Note 2: For a variation referred to in paragraph (b) or (c), ASIC must also have regard to the matters in section 908BO .
Note 3: For fees for lodging applications, see Part 9.10 .
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