Registrar not responsible for additional services provided by ELNO or associated financial transactions
40 Registrar not responsible for additional services provided by ELNO or associated financial transactions
(1) The mere fact that an ELNO provides services that are additional to those provided by the ELN operated by that ELNO does not make the Registrar responsible for the regulation or operation of those additional services.
(2) The mere fact that the operating requirements include provisions relating to the following matters does not make the Registrar responsible for the regulation or conduct of associated financial transactions:
data standards relating to those transactions;
(b) participation by an ELNO in a scheme for an industry code relating to those transactions and compliance by an ELNO with that code.
Division 3 Relationship with other laws
This Act’s bill:Explanatory statementSecond reading speech
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