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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.5 - COMPENSATION REGIMES FOR FINANCIAL MARKETS    View history reference

Division 3 - Approved compensation arrangements    View history reference

Subdivision C - Changing Division 3 arrangements    View history reference

SECTION 884A  DIVISION 3 ARRANGEMENTS MUST GENERALLY ONLY BE CHANGED IN ACCORDANCE WITH THIS SUBDIVISION  

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884A(1)  [Prohibition on changing compensation arrangements]  


The operator of a financial market in relation to which there are Division 3 arrangements must not change those arrangements except in accordance with this Subdivision.

884A(2)  [Changing compensation arrangements]  


However, a change may be made to Division 3 arrangements otherwise than in accordance with this Subdivision if:


(a) the change is not to a matter required by section 885B to be dealt with in the compensation rules; and


(b) the change is merely a minor administrative change.


 



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