53Exempt market operators

#### 53 Exempt market operators (1) A leviable entity forms part of the exempt market operators sub‑sector in a financial year if, at any time in the financial year, the entity is the operator of a financial market that is exempt from the operation of the whole of Part 7.2 of the Corporations Act 2001 (other than because of an exemption granted to a class of financial market under section 791C of that Act). Entity metric (2) The leviable entity’s entity metric for the sub‑sector for the financial year is: (a) unless paragraph (b) applies—the number of days in the financial year on which the entity operated the market; or (b) if the entity operated 2 or more exempt markets in the financial year—the sum of the days worked out under paragraph (a) for each of those markets.