Section 903F — Corporations Act 2001 (Cth)

In considering whether to make a derivative trade repository rule, ASIC:

(a) must have regard to:

(i) the likely effect of the proposed rule on the Australian economy, and on the efficiency, integrity and stability of the Australian financial system; and

(ii) the likely regulatory impact of the proposed rule; and

(b) may have regard to any other matters that ASIC considers relevant.

Note: Matters that ASIC may have regard to under paragraph (b) may, for example, include:

(a) any relevant international standards and international commitments; and

(b) matters raised in consultations (if any) under section 903G.

Related sections

• s 903C — Regulations may limit how rules may deal with matters related to derivative trade data
• s 903D — Obligation to comply with derivative trade repository rules
• s 903E — Alternatives to civil proceedings
• s 903G — ASIC to consult before making rules
• s 903H — Ministerial consent to rules required
• s 903J — Emergency rules: consultation and consent not required

Research how courts apply s 903F

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