Document ID: chunk:federal_register_of_legislation:C2013C00527:clause:1_905p
Version: federal_register_of_legislation:C2013C00527
Segment Type: clause
Provision Reference: sch 1 cl 905P
Character Range: 62043–63170

905P  Matters to be taken into account by ASIC
 (1) ASIC must have regard to certain matters in deciding whether to:
 (a) grant an applicant an Australian derivative trade repository licence under section 905C; or
 (b) impose, vary or revoke conditions on such a licence under section 905F; or
 (c) suspend or cancel such a licence under section 905J.
 (2) The matters ASIC must have regard to are as follows:
 (a) the structure, or proposed structure, of the derivative trade repository;
 (b) the nature of the activities conducted, or proposed to be conducted, by the derivative trade repository;
 (c) the size, or proposed size, of the derivative trade repository;
 (d) the persons who are, or may be, required to report derivative trade data to the derivative trade repository;
 (e) the technology used, or proposed to be used, in the operation of the derivative trade repository;
 (f) whether it would be in the public interest to take the action referred to in subsection (1).
ASIC may also have regard to any other matter that ASIC considers relevant.

Division 7—Regulation of prescribed derivative trade repositories