Corporations Amendment (Digital Assets Framework) Act 2026 (38 of 2026)

Schedule 1   Digital asset platforms and tokenised custody platforms

Part 7   Amendment of the ASIC Act

Australian Securities and Investments Commission Act 2001

93   At the end of section 12BF

Add:

(9) A reference in this section to a contract that is a financial product includes a digital asset platform or a tokenised custody platform only to the extent that the platform:

(a) is a financial product otherwise than because of paragraphs 12BAA(7)(lb) and (lc); or

(b) is issued:

(i) by, or on behalf of, a constitutionally-covered corporation; or

(ii) using a postal, telegraphic, telephonic or other like service (within the meaning of paragraph 51(v) of the Constitution).