Section 853G — Corporations Act 2001 (Cth)

Notification by ASIC

If ASIC becomes aware that an individual who is involved in a market licensee, a CS facility licensee, a derivative trade repository licensee or a benchmark administrator licensee is a disqualified individual because of paragraph 853A(b) or (c), ASIC must notify the individual and the licensee as soon as practicable.

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 853D — Procedure for declaration
s 853E — Revoking a declaration
s 853F — Obligations on disqualified individuals
s 853H — ASIC’s power to make financial market infrastructure banning orders
s 853J — Individual to be given an opportunity to be heard before ASIC makes financial market infrastructure banning order
s 853K — When an individual is not a fit and proper person

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