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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.3 - LICENSING OF CLEARING AND SETTLEMENT FACILITIES    View history reference

Division 3 - The Australian CS facility licence    View history reference

Subdivision C - When a licence can be varied, suspended or cancelled    View history reference

SECTION 826A  VARYING LICENCES  

 View history reference

826A(1)  [Ministerial power to vary licence]  


The Minister may vary an Australian CS facility licence to take account of a change in the licensee's name if the licensee lodges with ASIC an application for the variation, accompanied by the documents, if any, required by regulations made for the purposes of this subsection.

Note 1: The conditions on the licence can be varied under section 825A.

Note 2: For fees in respect of lodging applications, see Part 9.10.

826A(2)  [Notice to licensee]  


The Minister must give written notice of the variation to the licensee.

826A(3)  [Application and documents to Minister]  


ASIC must give the Minister any application and documents lodged under subsection (1).


 



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