Securities and Futures (Clearing Facilities) Regulations 2002
Table of Contents
Enacting Formula
Part I PRELIMINARY
1 Citation and commencement
2 Definitions
3 Forms
4 Application for approval as clearing house
5 Fee
6 Time for document to be lodged
7 Keeping of books and other information
Part II GOVERNANCE, REPORTING AND OPERATIONAL REQUIREMENTS
8 Application for appointment of chief executive officer, director and key management officer
9 Appeals
10 Responsibilities and duties of chief executive officer, director and key management officer
11 Submission of reports
12 Annual report
13 Determination of position limits by clearing house
14 Breach of business rules of clearing house
15 Business continuity plan
Part III CUSTOMERS’ MONEY AND OTHER ASSETS
16 Customers’ money and assets held by clearing house
17 Permissible use of customers’ money and assets by clearing house
18 Permissible investments of customers’ money by clearing house
19 Daily computation of customers’ money and assets
20 Verification of money and assets placed with clearing house
Part IV INSOLVENCY PROVISIONS
21 Winding down and transfer of positions, margins and accounts of member of clearing house
22 Application of Division 3 of Part III of Act
Part V OFFENCES
23 Offences
Part VI TRANSITIONAL AND SAVINGS
24 Deemed clearing house
25 Directions to deemed clearing house
THE SCHEDULE Forms