Barrister AI
All legislation
COMMONWEALTHRegulation
In force
This is the latest official compilation.Check the official source →
s 45

Meaning of clearing and settlement facility

In force
Part 5Clearing and settlement facilities

45 Meaning of clearing and settlement facility

For paragraph 12BAB(17)(b) of the Act, the following obligations are prescribed:

(a)

each obligation arising from a contract to transfer a security;

(b)

each obligation arising from a contract to transfer a managed investment product;

(ba)

each obligation arising from a contract to transfer a foreign passport fund product;

(c)

each obligation arising from acquiring or providing a financial product mentioned in paragraph 764A(1)(c) of the Corporations Act;

(d)

each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(j) of the Corporations Act;

(e)

each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(ba) of the Corporations Act;

(f)

each obligation arising from a contract to transfer a carbon unit, an Australian carbon credit unit or an eligible international emissions unit.

Research tools for this sectionPro

The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.