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

94   At the end of section 12BLC

Add:

(3) If:

(a) a financial services licensee is a party to a contract with one or more other persons; and

(b) either:

(i) some or all of the contract exists because of the platform rules of a digital asset platform or tokenised custody platform operated by the licensee; or

(ii) the licensee is the issuer of a digital asset platform or a tokenised custody platform;

this Subdivision does not apply to so much of the contract as exists in order for the licensee to comply with section 912BB of the Corporations Act.

Note 1: Section 912BB of the Corporations Act requires compliance with standards relating to such a platform.

Note 2: Such a standard could require the contract to include a particular term, in which case this subsection means that this Subdivision does not apply to that term of the contract.