Document ID: chunk:federal_register_of_legislation:C2024A00087:clause:2_820h
Version: federal_register_of_legislation:C2024A00087
Segment Type: clause
Provision Reference: sch 2 cl 820H
Character Range: 312881–313459

820H  Revoking declarations that clearing and settlement facilities have a material connection with this jurisdiction
  ASIC may, by written notice given to a body corporate, revoke a declaration made under subsection 820D(2) about a clearing and settlement facility operated by the body corporate if:
 (a) after having regard to subsection 820E(2), ASIC considers that the facility does not have a connection with this jurisdiction; or
 (b) after having regard to subsection 820E(3), ASIC no longer considers that the facility's connection with this jurisdiction is material.