CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS  

Division 4 - NGF Compensation regime  

Subdivision D - The SEGC  

SECTION 890G   CHANGING THE SEGC'S OPERATING RULES  

890G(1)   [ Notice to ASIC]  

As soon as practicable after a change is made to the SEGC's operating rules, the SEGC must lodge with ASIC written notice of the change.

890G(2)   [ Contents of notice]  

The notice must:


(a) set out the text of the change; and


(b) specify the date on which the change was made; and


(c) contain an explanation of the purpose of the change.

890G(3)   [ Effect of failure to lodge]  

If no notice is lodged with ASIC within 21 days after the change is made, the change ceases to have effect.


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