CORPORATIONS ACT 2001 - SECT 820B Other prohibitions on holding out

CORPORATIONS ACT 2001 - SECT 820B

    A person must not hold out:

  (a)   that the person has an Australian CS facility licence; or

  (b)   that the operation of a clearing and settlement facility by the person in this jurisdiction is authorised by an Australian CS facility licence; or

  (c)   that a clearing and settlement facility is exempt from the operation of this Part;

if that is not the case.

Note:   Failure to comply with this subsection is an offence (see subsection   1311(1)).