Australian Securities and Investments Commission Regulations 2001
45Meaning of clearing and settlement facility
Start here
Get a plain-English read of 45
Turn the raw legal text into a practical explanation grounded in Australian Securities and Investments Commission Regulations 2001.
45 Meaning of clearing and settlement facility
For paragraph 12BAB(17)(b) of the Act, the following obligations are prescribed: (a) each obligation arising from a contract to transfer a security; (b) each obligation arising from a contract to transfer a managed investment product; (ba) each obligation arising from a contract to transfer a foreign passport fund product; (c) each obligation arising from acquiring or providing a financial product mentioned in paragraph 764A(1)(c) of the Corporations Act; (d) each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(j) of the Corporations Act; (e) each obligation arising from a contract to transfer a financial product mentioned in paragraph 764A(1)(ba) of the Corporations Act; (f) each obligation arising from a contract to transfer a carbon unit, an Australian carbon credit unit or an eligible international emissions unit.