CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1152 Futures organisations to be informed about conditions of futures
CORPORATIONS ACT 2001 No. 50, 2001 - SECT 1152
Futures organisations to be informed about conditions of futures(1) As soon as practicable after imposing a condition on, or revoking or varying a condition of, a futures brokers licence, ASIC must inform in writing:
- (a)
- each futures organisation of which the licensee is a member; and
- (b)
- each corporation that is a clearing house for a futures exchange of which the licensee is a member.
(2) A contravention of subsection (1) does not affect the validity of an act done by ASIC.