Document ID: chunk:federal_register_of_legislation:F2021L00421:body:0:p4
Version: federal_register_of_legislation:F2021L00421
Segment Type: other
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Character Range: 8018–8747

otherwise affecting the operation of the orders in section 5, the orders will remain in force for 18 months from the day this instrument commences: see subsection 1023G(2) of the Act.

6 Binary option providers to notify retail clients
A binary option provider that has issued a binary option to a retail client in the period of 12 months before commencement of this instrument in circumstances which would be prohibited by section 5 (assuming that the issue occurred at a time when the prohibition was in force under subsection 5(5)) must take reasonable steps to notify each such retail client of the terms of this instrument as soon as practicable and in any case within 15 business days after commencement of this instrument.