Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES  

Division 3 - The Australian CS facility licence  

Subdivision A - How to get a licence  

SECTION 824A   HOW TO APPLY FOR A LICENCE  

824A(1)    

A body corporate may apply for an Australian CS facility licence by lodging with ASIC in a prescribed form an application that:

(a)    includes the information required by regulations made for the purposes of this paragraph; and

(b)    is accompanied by the documents (if any) required by regulations made for the purposes of this paragraph.

Note: For fees in respect of lodging applications, see Part 9.10 .

824A(2)    
ASIC must, within a reasonable time, give the application to the Minister with advice about the application.