Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p87
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 87/148)
Character Range: 549221–551855

opinion of a market licensee, constitutes or may constitute a contravention of:
 (a) a condition of a licence held by a financial services licensee; or
 (b) Subdivision A or B of Division 2 of Part 7.8 of the Act; or
 (c) Division 3 of Part 7.8 of the Act; or
 (d) Subdivision B of Division 6 of Part 7.8 of the Act.

7.2.02  Obligation to inform ASIC of certain matters: becoming director, secretary or executive officer of market licensee
 (1) This regulation applies if a person becomes a director, secretary or executive officer of a market licensee or of a holding company of a market licensee (including when the person changes from one of those positions to another).
 (2) For subsection 792B(5) of the Act, the information to be given to ASIC by the market licensee is:
 (a) the person's name and contact details; and
 (b) the date of appointment to the position; and
 (c) the person's educational qualifications and financial market experience; and
 (d) if the market licensee is aware of any details of a conviction of the kind mentioned in subsection 206B(1) of the Act—the details; and
 (e) whether the market licensee knows whether the person:
 (i) is an undischarged bankrupt; or
 (ii) has entered into a deed of arrangement or composition of a kind mentioned in subsections 206B(3) and (4) of the Act;
  and, if the market licensee knows the information, details of what the market licensee knows.

7.2.03  Obligation to inform ASIC of certain matters: ceasing to be director, secretary or executive officer of market licensee
 (1) For subsection 792B(5) of the Act, this regulation applies if a person ceases to be a director, secretary or executive officer of a market licensee or of a holding company of a market licensee (including when the person changes from one of those positions to another).
 (2) The information to be given to ASIC by the market licensee is:
 (a) the person's name and contact details; and
 (b) the position that the person held; and
 (c) the date on which the person ceased to hold the position; and
 (d) if the person ceases to be a director, secretary or executive officer because the person is changing from the position to another in the company, the new position; and
 (e) if the reason for ceasing to hold the position is:
 (i) because of a contravention of the Corporations Act or another law of a State or Territory; or
 (ii) because the person has become an undischarged bankrupt;
  details of the reason.

7.2.04  Obligation to inform ASIC of certain matters: voting power in market licensee
 (1) This regulation applies if a market licensee becomes aware that a person has come to