CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

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)   [ Application for CS facility licence]  

A body corporate may apply for an Australian CS facility licence by lodging with ASIC 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 to give application to Minister]  

ASIC must, within a reasonable time, give the application to the Minister with advice about the application.


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