Document ID: chunk:federal_register_of_legislation:C2013C00527:clause:1_39
Version: federal_register_of_legislation:C2013C00527
Segment Type: clause
Provision Reference: sch 1 cl 39
Character Range: 71565–72256

39  After subsection 1317G(1D)
Insert:

Derivative transaction rules and derivative trade repository rules
 (1DA) A Court may order a person to pay the Commonwealth a pecuniary penalty if:
 (a) a declaration of contravention by the person has been made under section 1317E; and
 (b) the contravention is of:
 (i) section 901E (complying with derivative transaction rules); or
 (ii) section 903D (complying with derivative trade repository rules).
 (1DB) The maximum amount that the court may order the person to pay for contravening a derivative transaction rule, or a derivative trade repository rule, is the penalty amount specified in those rules for the rule that has been contravened.