CTHRepealedAct
Securities Industry Act 1980
36MTransfer of certain assets of nominated exchange
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##### 36M Transfer of certain assets of nominated exchange
(1) Within 3 months after the relevant commencement, the Commission shall, after consulting with the Exchange, determine in writing an amount for the purposes of this section.
(2) The Commission shall:
(a) give to the Exchange and to the nominated exchange a copy of its determination under this section; and
(b) cause a copy of the determination to be published in the Gazette;
but failure by the Commission to comply with this subsection does not affect the validity of the determination.
(3) The nominated exchange shall, within 14 days after receiving the Commission’s determination under this section, pay to the Exchange the amount specified in the determination.