Document ID: chunk:federal_register_of_legislation:C2025C00185:section:820h
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 820H
Character Range: 3153453–3154117

820H  Revoking declarations that clearing and settlement facilities have a material connection with this jurisdiction
  ASIC may, by written notice given to a body corporate, revoke a declaration made under subsection 820D(2) about a clearing and settlement facility operated by the body corporate if:
 (a) after having regard to subsection 820E(2), ASIC considers that the facility does not have a connection with this jurisdiction; or
 (b) after having regard to subsection 820E(3), ASIC no longer considers that the facility's connection with this jurisdiction is material.

Division 2—Regulation of CS facility licensees

Subdivision A—Licensee's obligations