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CORPORATIONS ACT 2001 - SECT 981J Client money reporting rules

CORPORATIONS ACT 2001 - SECT 981J

Client money reporting rules

  (1)   ASIC may, by legislative instrument, make rules (the client money reporting rules ) dealing with matters as permitted by this Subdivision, for purposes relating to derivative retail client money.

  (2)   The regulations may provide that the client money reporting rules:

  (a)   cannot impose requirements (or certain kinds of requirements) in relation to certain classes of persons or money; or

  (b)   can only impose requirements (or certain kinds of requirements) in relation to certain classes of persons or money in certain circumstances.