Section 820H — Corporations Act 2001 (Cth)

ASIC may, by written notice given to a body corporate, revoke a declaration made under subsection 820D(2) about a clearing and settlement facility operated by the body corporate if:

(a) after having regard to subsection 820E(2), ASIC considers that the facility does not have a connection with this jurisdiction; or

(b) after having regard to subsection 820E(3), ASIC no longer considers that the facility’s connection with this jurisdiction is material.

Related sections

• s 820E — Criteria for declarations that clearing and settlement facilities have a material connection with this jurisdiction
• s 820F — Relevant determinations
• s 820G — Ministerial consent to Reserve Bank or ASIC determination required
• s 821A — General obligations
• s 821B — Obligation to notify ASIC of certain matters
• s 821BA — Obligation to notify Reserve Bank of certain matters

Research how courts apply s 820H

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.