Document ID: chunk:federal_register_of_legislation:F2025L00162:body:0:p1
Version: federal_register_of_legislation:F2025L00162
Segment Type: other
Provision Reference: 
Character Range: 14–3244

ASIC CS Services Rules 2025

              I, Calissa Aldridge, acting with the written consent of the Minister, make the following CS services rules under subsection 828A(1) of the Corporations Act 2001.
              Dated this 19th day of February 2025

              Signed by Calissa Aldridge
              as delegate of the Australian Securities and Investments Commission
Contents

Chapter 1: Introduction....................................3
Part 1.1 Preliminary.....................................3
Part 1.2 Interpretation...................................3
Chapter 2: Conduct Rules..................................6
Part 2.1 Governance requirements..........................6
Part 2.2 Pricing of Covered Services........................8
Part 2.3 Access to Covered Services........................9
Part 2.4 Reporting, policies and procedures..................11

Chapter 1: Introduction

Part 1.1 Preliminary

1.1.1 Enabling Legislation
ASIC makes this instrument under subsection 828A(1) of the Corporations Act 2001.

1.1.2 Title

This instrument is ASIC CS Services Rules 2025.

1.1.3 Commencement

     This instrument commences three months after the day this instrument is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.

1.1.4 Transitional

     A CS Service Provider does not need to comply with Rules 2.1.3 and 2.4.4 until six months after the day this instrument is registered on the Federal Register of Legislation.

1.1.5 Penalties for a contravention of these Rules
The maximum pecuniary penalty payable for a contravention of a provision of these Rules is an amount determined by the Court under section 1317G of the Act.

Part 1.2 Interpretation

1.2.1 Words and expressions defined in the Act
Words and expressions defined in the Act, unless otherwise defined or specified in these Rules or the contrary intention appears, have the same meaning in these Rules.

1.2.2 Definitions
In these Rules:
Act means the Corporations Act 2001.
Associated Entity has the meaning given by section 50AAA of the Act.
Core System means an information technology system that is used to provide a Covered Service.
Covered Licensee means each of ASX Clear Pty Limited (ACN 001 314 503) and ASX Settlement Pty Limited (ACN 008 504 532).
Covered Service means a CS service as defined in section 828 of the Act that is covered by a determination under section 828B of the Act.
Note:  Determinations made under section 828B are available on the Federal Register of Legislation.  The register may be accessed at www.legislation.gov.au
CS Service Provider means each of the following:
         1.       a Covered Licensee;
         2.       a direct or ultimate holding company of a Covered Licensee and any intermediate holding company of a Covered Licensee that makes, or participates in making, decisions that relate to Covered Services;
         3.       an Associated Entity of a Covered Licensee if the Associated Entity provides a Covered Service.
     Data Accessing Entity means a person who accesses, or who is seeking to access, data that is stored in a Core System.
First Reporting Period means the period commencing on the day (commencement