Document ID: chunk:federal_register_of_legislation:F2023N00319:front:0:p2
Version: federal_register_of_legislation:F2023N00319
Segment Type: other
Provision Reference: 
Character Range: 2924–5702

Act means the Corporations Act 2001.
DDRS means DTCC Data Repository (Singapore) Pte Ltd (ARBN 601 601 021).
DDRS Operating Procedures means the Operating Procedures of DDRS set out in Appendix B to the DDRS Rulebook.
DDRS Rulebook means the business rules of DDRS as at the date of this instrument maintained in accordance with paragraphs 46I(1)(e) and (f), and Subdivision 2 of Division 2 of Part IIA, of the SFA and regulations 18 and 19 of the SF Regulations and known as the DTCC Data Repository (Singapore) Pte Ltd Rulebook.
DDRS User Agreement means the agreement between DDRS and each Participant in the form set out in Appendix A to the DDRS Rulebook.
DTRRs means the ASIC Derivative Trade Repository Rules 2023.
MAS means the Monetary Authority of Singapore or any successor organisation in Singapore responsible for the supervision of the derivative trade repository operated by DDRS.
Officer means an officer within the meaning of section 9 of the Corporations Act.
Related Body Corporate means a related body corporate within the meaning of section 9 of the Corporations Act.
Reporting Rules means the ASIC Derivative Transaction Rules (Reporting) 2022, and commencing 21 October 2024, the ASIC Derivative Transaction Rules (Reporting) 2024.
SF Regulations means the Securities and Futures (Trade Repositories) Regulations 2013 (Singapore) as in force at the date of this instrument.
SFA means the Securities and Futures Act 2001 (Singapore) as in force at the date of this instrument.
Singapore Licence means the trade repository licence granted by MAS to DDRS under section 46E of the SFA.
Trade Repository means the derivative trade repository that DDRS is authorised to operate under the Australian Licence and the Singapore Licence.

Part 2—Exemptions

5 Exemption 1 (Legal Basis)
DDRS does not have to comply with Rule 2.2.1 of the DTRRs for so long as it complies with the following conditions:
           (a) DDRS must comply with paragraphs 46I(1)(e) and (f) and Subdivision 2 of Division 2 of Part IIA of the SFA;
           (b) DDRS must comply with regulations 18 and 19 of the SF Regulations.

6 Exemption 2 (Access and Participation Requirements)
DDRS does not have to comply with Rule 2.2.2 of the DTRRs for so long as it complies with the following conditions:
           (a) DDRS must comply with paragraphs 46I(1)(d) and (f) of the SFA;
           (b) DDRS must comply with regulations 18(a) and (b) of the SF Regulations.

7 Exemption 3 (Security, Efficiency and Effectiveness of Services)
DDRS does not have to comply with Rule 2.2.3 of the DTRRs for so long as it complies with the following conditions:
           (a) DDRS must comply with paragraphs 46I(a), (d), (e), (g) and (i) of the SFA;
           (b) DDRS must comply with regulation 16