Commonwealth Consolidated Regulations

CORPORATIONS REGULATIONS 2001 - REG 7.2.11

    For paragraph   795A(1)(a) of the Act, the following information is required as part of an application by the body corporate for an Australian market licence:

  (a)   the body corporate's name, address and contact details;

  (b)   the name, address and contact details of any person who will act on behalf of the body corporate in relation to the application;

  (c)   details of the body corporate's major shareholders and organisation, including:

  (i)   the name, address and contact details of each director; and

  (ii)   the name, address and contact details of each secretary; and

  (iii)   the name, address and contact details of each executive officer of the body corporate; and

  (iv)   whether any director, secretary or executive officer is, or has been, disqualified from managing a corporation under a law of this jurisdiction or another jurisdiction;

  (d)   a description of the body corporate's business or functions, other than the operation of the proposed market;

  (e)   details of the financial products to be traded on the proposed market;

  (f)   whether the proposed market will involve the provision of a financial product to a person as a retail client;

  (g)   details of the clearing and settlement arrangements that have been made, or are proposed, for the proposed market;

  (h)   details of the technological resources that will be used in the operation of the market, including details of:

  (i)   the purpose of the resources; and

  (ii)   how the resources are to be supplied, managed, maintained and upgraded; and

  (iii)   how the security of information technology systems is to be protected;

  (i)   details of the arrangements for dealing with conflicts between the body corporate's commercial interests and its obligations to supervise and monitor the market;

  (j)   details of the arrangements for the supervision of employees of the body corporate who have duties and responsibilities of a kind that supervision of the employees is necessary to protect the integrity of the operation of the proposed market;

  (k)   if the ACCC has made a decision in relation to the market that the body corporate will operate--details of the decision.