Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:21:p4
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 21 (pt 4/24)
Character Range: 1484497–1487164

the issuer in relation to the product; or
 (b) any other person identified as an issuer, or treated as an issuer, under the ASTC operating rules.
market licensee, in relation to securities specified in a transfer document, means the market licensee that operates the market for the securities.

7.11.03  Arrangements about Division 4 financial products
 (1) A financial product is a Division 4 financial product if the financial product is:
 (a) a Division 3 security other than a security mentioned in paragraph 1073A(1)(e) of the Act; or
 (b) declared by ASIC, under section 1075A of the Act, to be a financial product the transfer of which will be effected through ASTC under these Regulations.
 (2) Subregulations (3) to (8) apply in relation to a class of Division 4 financial products that is admitted to quotation.
 (3) A Division 4 financial product in the class of Division 4 financial products is not taken to have stopped being quoted merely because of a temporary suspension of quotation of the class.
 (4) If:
 (a) there is a suspension of the quotation of a Division 4 financial product in the class; and
 (b) during the suspension, the issuer in relation to the Division 4 financial product ceases to be included in the official list of the market licensee on which the Division 4 financial product is traded;
the Division 4 financial product is taken to stop being quoted when the issuer ceases to be included in the official list.
 (5) Subregulation (4) does not limit the circumstances in which a Division 4 financial product in the class may be taken to have stopped being quoted on a financial market of a market licensee.
 (6) For the provisions mentioned in subregulation (8), if:
 (a) a Division 4 financial product stops being quoted on a financial market of a market licensee; and
 (b) the ASTC operating rules provide that the Division 4 financial product is to be taken to continue to be quoted for a specified period;
the Division 4 financial product is taken to be quoted during the period.
 (7) For the provisions mentioned in subregulation (8), if:
 (a) a Division 4 financial product has been issued; and
 (b) the Division 4 financial product:
 (i) is approved, by a market licensee, to be admitted to quotation on a financial market of the market licensee; and
 (ii) has not yet been quoted; and
 (c) the ASTC operating rules provide that the Division 4 financial product is taken to be quoted for a specified period;
the Division 4 financial product is taken to be quoted during the period.
 (8) The provisions are:
 (a) the definitions of:
 (i) ASTC certificate cancellation provisions; and
 (ii) ASTC‑regulated transfer; and
 (iii)