Document ID: chunk:federal_register_of_legislation:F2024C01058:reg:58
Version: federal_register_of_legislation:F2024C01058
Segment Type: reg
Provision Reference: reg 58
Character Range: 71403–72170

58  Exempt CS facility operators
 (1) A leviable entity forms part of the exempt CS facility operators sub‑sector in a financial year if, at any time in the financial year, the entity is the operator of a clearing and settlement facility that is exempt from the operation of the whole of Part 7.3 of the Corporations Act 2001.

Entity metric
 (2) The leviable entity's entity metric for the sub‑sector for the financial year is:
 (a) unless paragraph (b) applies—the number of days in the financial year on which the entity operated the facility; or
 (b) if the entity operated 2 or more clearing and settlement facilities of the kind mentioned in subsection (1) in the financial year—the sum of the days worked out under paragraph (a) for each of those facilities.