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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849AB(1)
If the Reserve Bank reasonably believes that: (a) making a market integrity rule or CS facility rule (including a rule amending or revoking another market integrity rule or CS facility rule); or (b) giving or varying a direction under subsection 794AA(1) , 794AB(1) , 798JB(1) or 798JC(1) ;
is appropriate to manage or respond to a condition in section 831A being satisfied in relation to a CS facility licensee, the Reserve Bank may, by written notice, request ASIC to make the rule or give or vary the direction.
849AB(2)
A request for ASIC to give or vary a direction must include a statement setting out the Reserve Bank ' s reasons for the request.
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