Commonwealth legislation

ASIC Class Rule Waiver [CW 12-1144]

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

2/10 complexity

ASIC issued a temporary class waiver letting brokers and traders on the Chi‑X Australia market be exempt from Part 5.11 obligations (post‑trade/reporting rules) from Chi‑X’s September 2012 registration until 19 January 2013. It automatically covered all affected participants, providing a short regulatory breather to ease system transitions or practical implementation issues.

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Current sections

Direct links to the current provisions in ASIC Class Rule Waiver [CW 12-1144].

ASIC Class Rule Waiver [CW 12-1144]

Australian Securities and Investment Commission

ASIC Market Integrity Rules (Chi-X Australia Market) 2011 –

Rule 1.2.1(1)

Class Rule Waiver

Enabling Provision

The Australian Securities and Investments Commission (ASIC) makes this instrument under Rule 1.2.1(1) of the ASIC Market Integrity Rules (Chi-X Australia Market) 2011 (Chi-X Rules).

Title

2. This instrument is ASIC Class Rule Waiver CW 12-1144.

Commencement

3. This instrument commences on the date it is registered under the Legislative Instruments Act 2003.

Note: An instrument is registered when it is recorded on the Federal Register of Legislative Instruments (FRLI) in electronic form: see Legislative Instruments Act 2003, section 4 (definition of register). The FRLI may be accessed at [http://www.frli.gov.au/](http://www.frli.gov.au/).

Waiver

4. ASIC relieves a Market Participant from the obligation to comply with the provisions of Part 5.11 of the Chi-X Rules.

Period during which this waiver applies

5. The waiver in paragraph 4 applies from the date of commencement under paragraph 3 until 19 January 2013 (inclusive).

Dated this 5th day of September 2012

Signed by Greg Yanco
As a delegate of the Australian Securities and Investments Commission

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

1 ASIC Class Rule Waiver [CW 12-1144]