Corporations Regulations 2001
View history note
Hide history noteThis regulation applies if ASIC gave a notice to a securities exchange under subsection 775(2) of the old Corporations Act before the FSR commencement, prohibiting trading in particular securities.
10.2.10(2) [ Deemed direction to market licensee]On and after the FSR commencement, the notice is taken to be a direction to a market licensee under subsection 794D(2) of the Act.
10.2.10(3) [ ASIC's obligation to give statement of reasons]ASIC is taken to have complied with its obligation under subsection 794D(2) of the Act to give a statement setting out reasons for making the direction.
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