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THE CORPORATIONS LAW

CHAPTER 7 - SECURITIES

PART 7.2 - SECURITIES EXCHANGES AND STOCK MARKETS

SECTION 769B   MINISTER'S DIRECTIONS TO COMPLY WITH ONGOING REQUIREMENTS  

769B(1)  [Minister's power]  

If the Minister is of the opinion that a securities exchange is not complying with the requirements of section 769A, the Minister may publish a notice in the Gazette, directing the exchange to do specified things that the Minister believes will promote compliance by the exchange with those requirements.

769B(2)  [Exchange must comply with direction]  

A securities exchange must comply with a direction under subsection (1).

769B(3)  [Court may order compliance]  

If a securities exchange contravenes a direction under subsection (1), the Court, on application by the Commission, may order the exchange to comply with the direction.