Document ID: chunk:federal_register_of_legislation:F2022C00868:reg:6:p3
Version: federal_register_of_legislation:F2022C00868
Segment Type: reg
Provision Reference: reg 6 (pt 3/3)
Character Range: 40627–41256

Banking Supervision if:
 (i) the entity holds other assets of the passport fund under subsection (4); or
 (ii) the operator reasonably considers that holding the deposit taking facility by another person would raise unreasonable operational difficulties or be impracticable;
 (b) assets held for operational purposes that it would not be reasonably practicable for an entity other than the operator to hold;
 (c) a derivative and any contractual right for the payment of any balance owing to the operator in relation to dealings in derivatives including margining those dealings through transactions in a deposit taking facility.