Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:1:p108
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 1 (pt 108/148)
Character Range: 602723–605566

(ga) the Commissioner of State Revenue of Western Australia;
 (h) the Department of Fair Trading of New South Wales;
 (i) the Office of Fair Trading and Business Affairs of Victoria;
 (ia) the State Revenue Office of Victoria;
 (j) the Office of Consumer Affairs of Queensland;
 (ja) the Office of State Revenue of Queensland;
 (k) the Office of Consumer and Business Affairs of South Australia;
 (l) the Office of Consumer Affairs and Fair Trading of Tasmania;
 (la) the Department of Treasury and Finance of Tasmania;
 (m) the Consumer Affairs Bureau of the Australian Capital Territory;
 (n) the Fair Trading Group of the Northern Territory.

Division 4—The Australian CS facility licence: applications (general)

7.3.09  Application of Division 4
  This Division applies in relation to a body corporate that applies for an Australian CS facility licence that may be granted under subsection 824B(1) of the Act.

7.3.10  Information
  For paragraph 824A(1)(a) of the Act, the following information is required as part of an application by the body corporate for an Australian CS facility licence:
 (a) the body corporate's name, address and contact details;
 (b) the name, address and contact details of any person who will act on behalf of the body corporate in relation to the application;
 (c) details of the body corporate's major shareholders and organisation, including:
 (i) the name, address and contact details of each director; and
 (ii) the name, address and contact details of each secretary; and
 (iii) the name, address and contact details of each executive officer of the body corporate; and
 (iv) whether any director, secretary or executive officer is, or has been, disqualified from managing a corporation under a law of this jurisdiction or another jurisdiction;
 (d) a description of the body corporate's business or functions, other than the operation of the clearing and settlement facility;
 (e) the services in respect of which the Australian CS facility licence is sought, including details of:
 (i) the financial products for which clearing and settlement facilities are to be provided; and
 (ii) the nature of each interest in a financial product that is to be transferred using the clearing and settlement facility; and
 (iii) the mechanisms to be used by the body corporate to operate the clearing and settlement facility, including (if applicable) arrangements to limit the risk of default by a party to a transaction;
 (f) whether the body corporate has applied, or intends to apply, to become a prescribed CS facility;
 (g) details of the technological resources that will be used in the operation of the clearing and settlement facility, including details of:
 (i) the purpose of the resources; and
 (ii) how the resources are to be supplied, managed, maintained and upgraded; and
 (iii) how the security of