Document ID: chunk:federal_register_of_legislation:C2024A00087:clause:1_798jc
Version: federal_register_of_legislation:C2024A00087
Segment Type: clause
Provision Reference: sch 1 cl 798JC
Character Range: 19148–19784

798JC  Matters relating to ASIC directions—crisis resolution

Variation or revocation
 (1) If the Reserve Bank, under subsection 849AB(1), requests ASIC to vary a direction given to an entity under subsection 798JB(1), ASIC may vary the direction by giving written notice to the entity.
 (2) ASIC may revoke a direction given to an entity under subsection 798JB(1) by giving written notice to the entity.

Directions are not legislative instruments
 (3) A direction given under subsection 798JB(1), a variation under subsection (1) of this section, or a revocation under subsection (2) of this section is not a legislative instrument.