Document ID: chunk:federal_register_of_legislation:C2025C00185:section:901b:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 901B (pt 2/2)
Character Range: 3523362–3524098

failure to consult as required by subsection (4) does not invalidate a determination.

ASIC, APRA or Reserve Bank may advise Minister
 (6) ASIC, APRA or the Reserve Bank may (on its own initiative or at the request of the Minister):
 (a) consider whether a determination should be made under subsection (2) that would have the effect of allowing the derivative transaction rules to impose requirements of a particular kind in relation to certain derivatives; and
 (b) advise the Minister accordingly.

Amendment and revocation of determinations
 (7) The Minister may amend or revoke a determination under subsection (2) in like manner and subject to like conditions (see subsections 33(3) and (3AA) of the Acts Interpretation Act 1901).