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ASIC Supervisory Cost Recovery Levy Regulations 2017
23Margin lenders
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#### 23 Margin lenders
(1) A leviable entity forms part of the margin lenders sub‑sector in a financial year if, at any time in the financial year, the entity holds an Australian financial services licence that authorises the holder to deal in a financial product by issuing margin lending facilities.
Entity metric
(2) The leviable entity’s entity metric for the sub‑sector for the financial year is the number of days in the financial year on which the entity holds a licence of the kind mentioned in subsection (1).