Clause 26

Section 81SB of the principal Act is amended by inserting, immediately after subsection (2), the following subsections:“(2A) The Authority may, at any time, by notice in writing, add to, vary or revoke the conditions or restrictions mentioned in subsection (2).(2B) An approved clearing house or a recognised clearing house, or any class of approved clearing houses or class of recognised clearing houses, that is exempted under subsection (1) must satisfy every condition or restriction imposed on it under that subsection.(2C) An approved clearing house or a recognised clearing house, or any class of approved clearing houses or class of recognised clearing houses, that is exempted under subsection (2) must, for the duration of the exemption, satisfy every condition or restriction imposed on it under that subsection and subsection (2A).”.