Meaning of clearing and settlement facility
45 Meaning of clearing and settlement facility
For paragraph 12BAB(17)(b) of the Act, the following obligations are prescribed:
each obligation arising from a contract to transfer a security;
each obligation arising from a contract to transfer a managed investment product;
each obligation arising from a contract to transfer a foreign passport fund product;
each obligation arising from acquiring or providing a financial product mentioned in paragraph 764A(1)(c) of the Corporations Act;
each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(j) of the Corporations Act;
each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(ba) of the Corporations Act;
each obligation arising from a contract to transfer a carbon unit, an Australian carbon credit unit or an eligible international emissions unit.
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