CORPORATIONS ACT 2001 - SECT 908BH Varying licences

CORPORATIONS ACT 2001 - SECT 908BH

    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.