Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) A financial product is a Division 4 financial product if the financial product is:
(a) a Division 3 security other than a security mentioned in paragraph 1073A(1)(e) of the Act; or
(b) declared by ASIC, under section 1075A of the Act, to be a financial product the transfer of which will be effected through ASTC under these Regulations.
(2) Subregulations (3) to (8) apply in relation to a class of Division 4 financial products that is admitted to quotation.
(3) A Division 4 financial product in the class of Division 4 financial products is not taken to have stopped being quoted merely because of a temporary suspension of quotation of the class.
(4) If:
(a) there is a suspension of the quotation of a Division 4 financial product in the class; and
(b) during the suspension, the issuer in relation to the Division 4 financial product ceases to be included in the official list of the market licensee on which the Division 4 financial product is traded;
the Division 4 financial product is taken to stop being quoted when the issuer ceases to be included in the official list.
(5) Subregulation (4) does not limit the circumstances in which a Division 4 financial product in the class may be taken to have stopped being quoted on a financial market of a market licensee.
(6) For the provisions mentioned in subregulation (8), if:
(a) a Division 4 financial product stops being quoted on a financial market of a market licensee; and
(b) the ASTC operating rules provide that the Division 4 financial product is to be taken to continue to be quoted for a specified period;
the Division 4 financial product is taken to be quoted during the period.
(7) For the provisions mentioned in subregulation (8), if:
(a) a Division 4 financial product has been issued; and
(b) the Division 4 financial product:
(i) is approved, by a market licensee, to be admitted to quotation on a financial market of the market licensee; and
(ii) has not yet been quoted; and
(c) the ASTC operating rules provide that the Division 4 financial product is taken to be quoted for a specified period;
the Division 4 financial product is taken to be quoted during the period.
(8) The provisions are:
(a) the definitions of:
(i) ASTC certificate cancellation provisions; and
(ii) ASTC-regulated transfer; and
(iii) ASTC subregister; and
(iv) proper ASTC transfer; and
(b) section 653A of the Act; and
(c) Part 7.11 of the Act; and
(d) regulations made for the purposes of Part 7.11 of the Act.