Corporations Act 2001
Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .
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View history noteCh 7 amended by No 8 of 2022, s 3, Sch 2[165] (effective 1 July 2022).
Ch 7 inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].
As Act No 122 of 2001 repealed Ch 7 and 8 the history notes for Ch 7 use " inserted " and references to the former provisions have been removed.
This section does not apply in respect of an Australian market licence granted under subsection 795B(2) (overseas markets).
793E(2)
(Repealed by No 87 of 2024, s 3, Sch 3[6] (effective 24 September 2024).)
793E(3)
Within 28 days after ASIC receives a notice under section 793D from a market licensee, ASIC may disallow all or a specified part of the change to the operating rules.
S 793E(3) amended by No 87 of 2024, s 3, Sch 3[7] (effective 24 September 2024).
793E(4)
In deciding whether to do so, ASIC must have regard to the consistency of the change with the licensee ' s obligations under this Part (including in particular the obligation mentioned in paragraph 792A(1)(a) ).
Note: ASIC must also have regard to the matters in section 798A .
S 793E(4) amended by No 87 of 2024, s 3, Sch 3[8] and [ 9] (effective 24 September 2024).
S 793E(4) amended by No 17 of 2019, s 3, Sch 1 [ 43] (effective 13 March 2019).
793E(5)
As soon as practicable after all or a part of a change is disallowed, ASIC must give notice of the disallowance to the licensee. The change ceases to have effect, to the extent of the disallowance, when the licensee receives the notice.
S 793E inserted by No 122 of 2001, s 3, Sch 1, Pt 1 [ 1].
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