Federal Register of Legislation - Australian Government

Primary content

Other as made
This instrument amends the ASIC Regulated Foreign Markets Determination [OTC DET 13/1145] to add regulated markets, a change necessitated by the withdrawal of the United Kingdom from the European Union.
Administered by: Treasury
Registered 11 Apr 2019
Tabling HistoryDate
Tabled HR02-Jul-2019
Tabled Senate02-Jul-2019
Date of repeal 17 Sep 2019
Repealed by Division 1 of Part 3 of Chapter 3 of the Legislation Act 2003
Table of contents.

Commonwealth Coat of Arms and ASIC logo

I, Nathan Bourne, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date 10 April 2019

 

 

Nathan Bourne

 

 



Part 1—Preliminary

1        Name of legislative instrument

This is the ASIC Regulated Foreign Markets Determination (Amendment) Instrument 2019/324.

2        Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislation.

Note:    The register may be accessed at www.legislation.gov.au.

3        Authority

This instrument is made under subrule 1.2.4(3) of the ASIC Derivative Transaction Rules (Reporting) 2013 (Rules).

4        Schedules

Each instrument that is specified in a Schedule to this instrument is amended or repealed as set out in the applicable items in the Schedule concerned, and any other item in a Schedule to this instrument has effect according to its terms.


 

Schedule 1—Amendments

ASIC Regulated Foreign Markets Determination [OTC DET 13/1145]

1        After paragraph 3

insert

3A          Definitions

In this instrument:

regulated market means a multilateral system operated or managed by a market operator, which brings together or facilitates the bringing together of multiple third-party buying and selling interests in financial instruments (in the system and in accordance with its non-discretionary rules) in a way that results in a contract, in respect of the financial instruments admitted to trading under its rules or systems.

UK Regulated Market means a regulated market which is a recognised investment exchange under section 285 of the United Kingdom Financial Services and Markets Act 2000, but not an overseas investment exchange within the meaning of section 313(1) of that Act.

2        After paragraph 4(ww)

insert

(wwa)    a UK Regulated Market;