14Rules about the number of registrations a person may have under ACIS

14 Rules about the number of registrations a person may have under ACIS

A person may only have one current registration under ACIS (1) A person may only have one current registration under ACIS as either an MVP, ACP, AMTP or ASP. Participant cannot be registered as a part of a group of related bodies corporate (2) If a participant is registered as an individual participant under ACIS, a group of related bodies corporate of which the participant is a member must not be registered as a participant while the participant is registered individually. Rule for members of a group that is a participant (3) If a participant is a group of related bodies corporate, a member of that group must not be registered as an individual participant under ACIS while: (a) the member remains a member of the group; and (b) the group is a participant. Meaning of group of related bodies corporate (4) In this section, a reference to a group of related bodies corporate is a reference to a group of related bodies corporate within the meaning of sections 9 and 50 of the Corporations Law.