Document ID: chunk:federal_register_of_legislation:C2025C00185:section:820ca:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 820CA (pt 2/2)
Character Range: 3146410–3147197

(10) However, the Reserve Bank may only take action under subsection (9) after:
 (a) giving notice, and an opportunity to make submissions on the proposed action, to:
 (i) if paragraph (7)(a) applies to the exemption—the operator of each clearing and settlement facility known by the Reserve Bank to be covered by the exemption; or
 (ii) if paragraph (7)(b) applies to the exemption—each person known by the Reserve Bank to be covered by the exemption; and
 (b) both:
 (i) a notice has been published on the Reserve Bank's website allowing a reasonable period within which the operator of each clearing and settlement facility covered by the exemption, or each person covered by the exemption, (as applicable) may make submissions on the proposed action; and
 (ii) that period has ended.