Document ID: chunk:federal_register_of_legislation:F2024C01058:reg:67
Version: federal_register_of_legislation:F2024C01058
Segment Type: reg
Provision Reference: reg 67
Character Range: 85091–86874

67  Securities dealers
 (1) A leviable entity forms part of the securities dealers sub‑sector in a financial year if:
 (a) the entity holds, at any time in the financial year, an Australian financial services licence that authorises the holder to deal in securities; and
 (b) the entity is not, at any time in the financial year, a participant in a large futures exchange or a large securities exchange; and
 (c) more than $250,000 in transactions for the entity are executed on, or reported to, a large securities exchange in the financial year.

Levy component
 (2) The amount of a leviable entity's levy component in respect of the sub‑sector for a financial year is the sum of:
 (a) the minimum levy component for the sub‑sector; and
 (b) the graduated levy component for the entity for the sub‑sector.
Note: For the graduated levy component, see section 10.

Entity metric
 (3) The leviable entity's entity metric for the sub‑sector for the financial year is the total value of transactions in securities (as measured by the buy price plus the sale price of securities) that:
 (a) are executed for the entity on, or reported for the entity to, a large securities exchange in the financial year; and
 (b) are reported by the operator of the large securities exchange to ASIC's Market Surveillance System; and
 (c) are recognised by ASIC's Market Surveillance System as executed transactions.
 (3A) For the purposes of subsection (3), 2 or more reports that relate to the same transaction, and contain the same information, are counted as one transaction.
 (4) The minimum levy component for the sub‑sector is $1,000.
 (5) In this section:
securities has the same meaning as in subsection 92(5) of the Corporations Act 2001.

Division 6—Insurance sector

Subdivision 6.1—General