Corporations Act 2001
In this section:
(a) is operated by a body corporate that becomes a member of the SEGC after the commencement of this Division, or by a subsidiary of such a body corporate; and
(b) is a financial market to which this Division applies. 891B(2) [ Transitional or saving regulations]
The regulations may make provisions of a transitional or saving nature dealing with the transition, in relation to a joining market, from the compensation regime previously applicable in relation to the market to the arrangements constituted by this Division.891B(3) [ Payment or transfer of money]
Without limiting subsection (2), the regulations may require money or other property (including money or other property in a fidelity fund) to be paid or transferred to the SEGC for inclusion in the NGF.891B(4) [ Part allocation of fund]
The regulations may also provide for the allocation of part of the NGF as being for use for the purposes of claims arising in connection with the joining market.891B(5) [ Modification]
The regulations may make modifications of provisions of this Division and Division 5 that are necessary or convenient to take account of allocations of a kind referred to in subsection (4).
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