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 7.5B - REGULATION OF FINANCIAL BENCHMARKS  

Division 2 - Licensing of financial benchmarks  

Subdivision D - 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 .


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.