

On 18/05/2013,
you requested for the version in force on 18/05/2013
incorporating all amendments published on or before 18/05/2013.
The closest version currently available is that of 01/04/2006.

71.
—(1) Without limiting the generality of sections 59 and 81S —
(a)
the Authority may prescribe the matters that a designated clearing house shall make provision for in the business rules of the designated clearing house; and
(b)
the designated clearing house shall make provision for these matters in its business rules.
[1/2005]
(2) A designated clearing house shall not make any amendment to its business rules unless it complies with such requirements as the Authority may prescribe.
[1/2005]
(3) In this Subdivision, any reference to an amendment to a business rule shall be construed as a reference to a change to the scope of, or to any requirement, obligation or restriction under the business rule, whether the change is made by an alteration to the text of the rule or by any other notice issued by or on behalf of the designated clearing house.
[1/2005]
(4) Any designated clearing house which contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $150,000 and, in the case of a continuing offence, to a further fine not exceeding $15,000 for every day or part thereof during which the offence continues after conviction.
[1/2005]






