Document ID: chunk:federal_register_of_legislation:F2023N00319:front:0:p9
Version: federal_register_of_legislation:F2023N00319
Segment Type: other
Provision Reference: 
Character Range: 20967–23759

with Rule 2.4.13 of the DTRRs for so long as DDRS complies with the condition that DDRS must comply with the Guidelines on Outsourcing issued by the MAS and in force as at the date of this instrument.

26 Exemption 22 (Disclosure of Rules, Procedures and Other Information)
DDRS does not have to comply with Rule 2.5.1 of the DTRRs for so long as DDRS complies with the following conditions:
           (a) DDRS must comply with regulations 15 and 17 of the SF Regulations;
           (b) DDRS must disclose to its Participants the DDRS User Agreement, DDRS Rulebook and DDRS Operating Procedures for accepting, retaining, using, disclosing and providing access to ASIC Data;
           (c) DDRS must notify ASIC and its Participants of any material changes proposed to the documents referred to in the condition in paragraph (b) at least 10 Business Days before the changes are made.

27 Exemption 23 (Public Disclosures)

       DDRS does not have to comply with Rule 2.5.2 of the DTRRs for so long as DDRS complies with regulation 15 of the SF Regulations.

28 Exemption 24 (Annual Compliance Report)

       DDRS does not have to comply with Rule 2.6.1 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with section 46M of the SFA;

           (b) DDRS must comply with regulation 11 of the SF Regulations;

           (c) DDRS must provide ASIC with a copy of the report (SF Regulations Report) prepared in compliance with regulation 11(1)(c) of the SF Regulations within 10 Business Days of providing the report to MAS;

           (d) DDRS must, at the same time as providing the SF Regulations Report, also provide ASIC with a report covering the same period that covers compliance with:

              (i) the conditions of the Australian Licence, on and from the time those obligations commence; and

              (ii) the conditions of any exemptions granted to DDRS under paragraph 907D(2)(a) of the Corporations Act, including the exemptions in this instrument; and

              (iii) Part 2.3 of the DTRRs to the extent DDRS is not exempt from that Part under paragraph 907D(2)(a) of the Corporations Act, and Rule 2.7.3 of the DTRRs; and

              (iv) Division 2 of Part 5B.2 and Division 6 of Part 7.5A of the Corporations Act.

29 Exemption 25 (Disclosure of Proceedings)
DDRS does not have to comply with Rule 2.6.2 of the DTRRs for so long as DDRS complies with the following conditions:
           (a) DDRS must comply with regulations 9(1)(a) and (b) of the SF Regulations, and regulation 9(2) of the SF Regulations as it relates to a circumstance under regulation 9(1)(a) or (b);
           (b) to the extent it is not prohibited from doing so under applicable law, DDRS must give ASIC a copy of