Section 901E — Corporations Act 2001 (Cth)

(1) A person must comply with provisions of the derivative transaction rules that apply to the person.

Note: This section is a civil penalty provision (see section 1317E). For relief from liability to a civil penalty relating to this section, see section 1317S.

(2) If there is an inconsistency between the derivative transaction rules and the derivative trade repository rules, the derivative transaction rules prevail to the extent of the inconsistency.

Note 1: If there is an inconsistency between the market integrity rules and the derivative transaction rules, the market integrity rules prevail: see subsection 798H(3).

Note 2: If there is an inconsistency between the standards determined under section 827D and the derivative transaction rules, the standards prevail: see subsection 827D(2A).

Note 3: If there is an inconsistency between the derivative transaction rules and the client money reporting rules, the derivative transaction rules prevail: see subsection 981M(2).

Related sections

• s 901B — Derivatives in relation to which rules may impose requirements
• s 901C — Regulations may limit the transactions in relation to which rules may impose requirements
• s 901D — Regulations may limit the persons on whom requirements may be imposed
• s 901F — Alternatives to civil proceedings
• s 901G — Failure to comply with derivative transaction rules does not invalidate transaction etc.
• s 901H — Matters to which ASIC must have regard when making rules

Research how courts apply s 901E

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