Section 828 — Corporations Act 2001 (Cth)

Meaning of CS service

(1) A CS service is a service that can only be provided if it has access to a clearing and settlement facility, or to data used in the operation of a clearing and settlement facility.

(2) The operation of a clearing and settlement facility is taken to be the provision of a CS service.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 827DA — Reserve Bank may determine resolvability standards for CS facility licensees and certain related bodies corporate
s 827DB — Resolution planning
s 827E — Certain powers—consultation between ASIC and the Reserve Bank
s 828A — CS services rules
s 828B — CS services in relation to which rules may impose requirements
s 828C — Obligation to comply with CS services rules

Research how courts apply s 828

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

Try BriefBridge free