s 46Q Business rules of licensed trade repositories
46Q.—(1) Without limiting sections 46I and 46ZJ —(a) the Authority may prescribe the matters that a licensed trade repository must provide for in the business rules of the licensed trade repository; and (b) the licensed trade repository must provide for those matters in its business rules.[34/2012] (2) A licensed trade repository must not make any amendments to its business rules unless it complies with such requirements as the Authority may prescribe.[34/2012] (3) In this Subdivision, any reference to an amendment to a business rule is to 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 business rule or by any other notice issued by or on behalf of the licensed trade repository.[34/2012] (4) Any licensed trade repository 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 of a day during which the offence continues after conviction.[34/2012]