Document ID: chunk:federal_register_of_legislation:C2025C00185:section:849ab
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 849AB
Character Range: 3376314–3377102

849AB  Reserve Bank may request ASIC to make rules or give directions

Rules
 (1) If the Reserve Bank reasonably believes that:
 (a) making a market integrity rule or CS facility rule (including a rule amending or revoking another market integrity rule or CS facility rule); or
 (b) giving or varying a direction under subsection 794AA(1), 794AB(1), 798JB(1) or 798JC(1);
is appropriate to manage or respond to a condition in section 831A being satisfied in relation to a CS facility licensee, the Reserve Bank may, by written notice, request ASIC to make the rule or give or vary the direction.
 (2) A request for ASIC to give or vary a direction must include a statement setting out the Reserve Bank's reasons for the request.

Subdivision C—Temporary suspension of termination rights