Document ID: chunk:federal_register_of_legislation:C2010C00578:clause:1_6
Version: federal_register_of_legislation:C2010C00578
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 13149–14166

6  After Subdivision 820‑E
Insert:

Subdivision 820‑EA—Some financial entities may choose to be treated as ADIs

Table of sections

820‑430 When choice can be made, and what effect it has
820‑435 Conditions
820‑440 Revocation of choice
820‑445 How this Subdivision interacts with Subdivisions 820‑F, 820‑FA and 820‑FB

820‑430  When choice can be made, and what effect it has

 (1) An entity may choose to be treated, for the purposes of this Division (except this Subdivision), as set out in the table. However, the entity can make the choice only if subsection (5) is satisfied.

Choice by financial entity to be treated as an ADI
                                                    Column 1                                                                                                      Column 2
Item                                                For a period that the choice covers, and for which the entity would, apart from this Subdivision, have been:  The entity is treated as if it had instead been: