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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.2 - LICENSING OF FINANCIAL MARKETS    View history reference

Division 4 - The Australian market licence    View history reference

Subdivision A - How to get a licence    View history reference

SECTION 795E  MORE THAN ONE MARKET COVERED BY THE SAME LICENCE  

 View history reference

795E(1)  [Multiple market licence]  


The same Australian market licence may authorise the licensee to operate 2 or more financial markets.

795E(2)  [Interpretation]  


In that case, a reference in this Chapter to the market to which an Australian market licence relates is taken instead to be a reference to each of those financial markets severally.

795E(3)  [Variation subject to Minister]  


Before varying the conditions on an Australian market licence so as to add another market that the licensee is authorised to operate, the Minister must be satisfied of the matters listed in subsection 795B(1) or (2) (as appropriate) in relation to the market.

795E(4)  [Suspension or cancellation]  


An Australian market licence that authorises the licensee to operate 2 or more financial markets may be suspended or cancelled under Subdivision C in respect of one or some of those markets only, as if the licensee held a separate licence for each of the markets.


 



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