Section 908BH — Corporations Act 2001 (Cth)

ASIC may vary a benchmark administrator licence to:

(a) take account of a change in the licensee’s name; or

(b) take account of a change in the financial benchmark specified in the licence; or

(c) specify one or more further financial benchmarks;

if the licensee seeks the variation by lodging an application with ASIC in a form approved by ASIC in writing.

Note 1: The conditions on the licence can be varied under section 908BG.

Note 2: For a variation referred to in paragraph (b) or (c), ASIC must also have regard to the matters in section 908BO.

Note 3: For fees for lodging applications, see Part 9.10.

Related sections

• s 908BE — More than one financial benchmark may be specified in the same licence
• s 908BF — Publishing details of licences
• s 908BG — Conditions, including varying and revoking conditions
• s 908BI — Immediate suspension or cancellation
• s 908BJ — Suspension or cancellation following hearing and report
• s 908BK — Effect of suspension

Research how courts apply s 908BH

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