Securities and Futures Act 2001 · 2020 Revised Edition · Part 2A · Trade Repositories
46C. Holding out as licensed trade repository or licensed foreign trade repository
Feedback & supportLast amended by an amending law of 2012.
A person must not hold out that the person is —
a licensed trade repository, unless the person has in force a trade repository licence granted by the Authority under section 46E(1); or
a licensed foreign trade repository, unless the person has in force a foreign trade repository licence granted by the Authority under section 46E(2).
Any person who contravenes subsection (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000 and, in the case of a continuing offence, to a further fine not exceeding $2,000 for every day or part of a day during which the offence continues after conviction.