Section 853B — Corporations Act 2001 (Cth)

Meaning of involved—in some licensees or applicants for a licence

An individual is involved in a market licensee, a CS facility licensee, a derivative trade repository licensee or a benchmark administrator licensee, or an applicant for such a licence, if:

(a) the individual is a director, secretary or senior manager of the licensee or applicant, or in a holding company of the licensee or applicant; or

(b) the individual has more than 20% of the total voting power in the licensee or applicant, or in a holding company of the licensee or applicant.

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 852DS — Acquisition of property
s 852DT — Anti‑avoidance
s 853A — Meaning of disqualified individual
s 853C — Declaration by ASIC
s 853D — Procedure for declaration
s 853E — Revoking a declaration

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