Commonwealth Consolidated Acts

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Varying licences

                   ASIC may vary a benchmark administrator licence to:

                     (a)  take account of a change in the licensee's name; or

                     (b)  take account of a change in the financial benchmark specified in the licence; or

                     (c)  specify one or more further financial benchmarks;

if the licensee seeks the variation by lodging an application with ASIC in a form approved by ASIC in writing.

Note 1:       The conditions on the licence can be varied under section 908BG.

Note 2:       For a variation referred to in paragraph (b) or (c), ASIC must also have regard to the matters in section 908BO.

Note 3:       For fees for lodging applications, see Part 9.10.

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