Federal Register of Legislation - Australian Government

Primary content

Other as amended, taking into account amendments up to ASIC Corporations (Amendment) Instrument 2019/202
Administered by: Treasury
Registered 05 Apr 2019
Start Date 27 Mar 2019
Table of contents.

Commonwealth Coat of Arms and ASIC logo

ASIC Corporations (Derivative Clearing Exemption) Instrument 2018/209

 

About this compilation

 

Compilation No. 1

 

This is a compilation of ASIC Corporations (Derivative Clearing Exemption) Instrument 2018/209 as in force on 27 March 2019. It includes any commenced amendment affecting the legislative instrument to that date.

 

This compilation was prepared by the Australian Securities and Investments Commission.

 

The notes at the end of this compilation (the endnotes) include information

about amending instruments and the amendment history of each amended provision.

 

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Corporations (Derivative Clearing Exemption) Instrument 2018/209.

3        Authority

This instrument is made under paragraph 907D(2)(a) of the Corporations Act 2001.

4        Definitions

(1)     In this instrument:

 

Rules means the ASIC Derivative Transaction Rules (Clearing) 2015.

 

(2)     In this instrument, unless otherwise specified, capitalised terms have the meaning given by the Rules.


Part 2—Exemption

5        Forward Rate Agreements denominated in Australian dollars

Relief

A Clearing Entity does not have to comply with Rule 2.1.1 of the Rules in relation to a Forward Rate Agreement that was entered into before 2 April 2020 if the notional principal amount and payments under the Forward Rate Agreement are denominated in Australian dollars.

 


Endnotes

Endnote 1—Instrument history

Instrument number

Date of FRL registration

Date of commencement

Application, saving or transitional provisions

2018/209

29/3/2018 (see F2018L00436)

30/3/2018

 

2019/202

26/3/2019 (see F2019L00408)

27/3/2019

-

Endnote 2—Amendment history

ad. = added or inserted     am. = amended     LA = Legislation Act 2003    rep. = repealed     rs. = repealed and substituted

Provision affected 

How affected

Section 2

rep. s48D LA

Section 5

am. 2019/202