Document ID: chunk:federal_register_of_legislation:F2023N00319:reg:30:p1
Version: federal_register_of_legislation:F2023N00319
Segment Type: reg
Provision Reference: reg 30 (pt 1/2)
Character Range: 24265–27162

30           Exemption 26 (Notification of Acquisition of Significant Holding)

       DDRS does not have to comply with Rule 2.6.3 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must ensure compliance with section 46U of the SFA and regulation 20 of the SF Regulations in relation to an acquisition of a significant holding in DDRS;

           (b) DDRS must provide ASIC with a copy of:

              (i) an approval granted under paragraph 46U(2)(a) or (b) of the SFA, as soon as practicable after the approval is granted; and

              (ii) a direction issued under subsection 46U(6) of the SFA, as soon as practicable after the direction is issued.

31 Exemption 27 (Delays, Disruptions, Suspension, Termination, Breaches of Data Security, Integrity, Confidentiality)

       DDRS does not have to comply with Rule 2.6.4 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with regulation 9(1)(d) of the SF Regulations, and regulation 9(2) of the SF Regulations as it relates to a circumstance under regulation 9(1)(d);

           (b) DDRS must provide ASIC with a copy of any notification or report provided to MAS under the condition in paragraph (a), as soon as practicable after providing the notification or report to MAS.

32 Exemption 28 (Keeping of Records)

       DDRS does not have to comply with Rule 2.7.1 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with section 46L of the SFA;

           (b) DDRS must comply with regulations 5 and 11 of the SF Regulations.

33 Exemption 29 (Provision of Records or Other Information)

       DDRS does not have to comply with Rule 2.7.2 of the DTRRs for so long as DDRS complies with the following conditions:

           (a) DDRS must comply with regulation 11 of the SF Regulations;

           (b) DDRS must provide, on request by ASIC, records or other information relating to compliance with, or determining whether there has been compliance with:

              (i) the conditions of the Australian Licence, on and from the time the obligations in those conditions commence; and

              (ii) the conditions of exemptions granted to DDRS by ASIC under paragraph 907D(2)(a) of the Corporations Act, including the exemptions in this instrument; and

              (iii) Part 2.3 of the DTRRS, to the extent DDRS is not exempt from that Part under paragraph 907D(2)(a) of the Corporations Act, and Rule 2.7.3 of the DTRRs; and

              (iv) Division 2 of Part 5B.2 and Division 6 of Part 7.5A of the Corporations Act.

34 Condition (Requirement to notify ASIC)
It is a condition of each exemption in this instrument that DDRS must notify ASIC as soon as it becomes aware that:
           (a) changes have been made to any provision of the