Corporations Act 2001
CHAPTER 7
-
FINANCIAL SERVICES AND MARKETS
A benchmark administrator licence is granted under this Part on the basis that:
(a) the licence may be varied, suspended or cancelled, or made subject to conditions (or additional conditions), by or under:
(b) no compensation is payable if the licence is varied, suspended or cancelled, or made subject to conditions (or additional conditions), as mentioned in paragraph (a). 908BX(2)
Subsection (1) does not, by implication, affect the interpretation of any other provision:
(a) of this Act; or
(b) of an instrument made under this Act.
PART 7.5B
-
REGULATION OF FINANCIAL BENCHMARKS
Division 2
-
Licensing of financial benchmarks
Subdivision H
-
Other matters
SECTION 908BX
BASIS OF LICENCES
908BX(1)
A benchmark administrator licence is granted under this Part on the basis that:
(a) the licence may be varied, suspended or cancelled, or made subject to conditions (or additional conditions), by or under:
(i) this Division; or
(ii) later legislation; and
(b) no compensation is payable if the licence is varied, suspended or cancelled, or made subject to conditions (or additional conditions), as mentioned in paragraph (a). 908BX(2)
Subsection (1) does not, by implication, affect the interpretation of any other provision:
(a) of this Act; or
(b) of an instrument made under this Act.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.