Document ID: chunk:federal_register_of_legislation:F2024C01249:reg:3:p7
Version: federal_register_of_legislation:F2024C01249
Segment Type: reg
Provision Reference: reg 3 (pt 7/19)
Character Range: 1388904–1391674

product; and
 (b) the responsible person is the product issuer.
 (6) If:
 (a) the financial product is able to be traded on a market in which the responsible person is a participant; and
 (b) the transaction did not take place in the ordinary course of business on a licensed market in which the responsible person is a participant;
the confirmation of the transaction must also include a statement to that effect.
 (7) If the transaction took place on‑market, the confirmation of the transaction must also include the name by which that market is generally known.
 (8) If the transaction involves more than one financial product, the confirmation of the transaction must also include the price per unit of the financial products.
 (9) For paragraph 1017F(9)(c) of the Act, paragraph 1017F(8)(a) of the Act is modified in its application to a transaction involving a basic deposit product (other than an acquisition or disposal of the product) by omitting 'and the holder'.

7.9.63C  Confirmation of transaction—multiple transactions
 (1) For paragraph 1017F(9)(b) of the Act, subregulation (2) applies in relation to a transaction if:
 (a) the responsible person is a participant of a licensed market; and
 (b) the participant has complied with all of the participant's obligations in relation to the transaction under the market integrity rules and the operating rules of the licensed market; and
 (c) the transaction forms part of a series of transactions made to complete an order placed with a financial services licensee; and
 (d) the holder of the product has given to the financial services licensee, in relation to that order or all orders (or all orders included in a class in which that order is included) placed with the financial services licensee by the holder, prior authorisation to give to the client a single confirmation in respect of a series of transactions carried out under the order instead of an individual confirmation in respect of each transaction in the series.
 (2) Subsection 1017F(5) of the Act is taken to be satisfied if, in respect of the transaction:
 (a) the financial services licensee gives to the holder a single confirmation in respect of the series of transactions in which the transaction is included that:
 (i) is in accordance with the authorisation; and
 (ii) subject to subregulation (4), complies with the Act; and
 (b) the confirmation is given:
 (i) as soon as practicable; or
 (ii) otherwise as permitted by the market integrity rules or the operating rules of that licensed market.
 (3) For paragraph 1017F(9)(c) of the Act, subregulation (4) applies in relation to a transaction if:
 (a) the responsible person is a participant of a licensed market; and
 (b) the participant has complied with all of the participant's