Document ID: chunk:federal_register_of_legislation:C2013C00527:clause:1_901a:p3
Version: federal_register_of_legislation:C2013C00527
Segment Type: clause
Provision Reference: sch 1 cl 901A (pt 3/3)
Character Range: 16160–17052

to a class of derivatives that includes the derivatives to which the transactions relate.

Rules cannot generally impose requirements retrospectively
 (8) The derivative transaction rules:
 (a) cannot impose an execution requirement on a person in relation to a derivative transaction entered into before the requirement started to apply to the person; and
 (b) cannot impose a reporting requirement on a person in relation to a derivative transaction entered into before the requirement started to apply to the person, or in relation to a position as it was at a time before the requirement started to apply to the person; and
 (c) cannot impose a clearing requirement on a person in relation to a derivative transaction entered into before the requirement started to apply to the person, unless the transaction has not been cleared by the time the requirement starts to apply to the person.