Securities and Futures (Financial Benchmarks) Regulations 2018 · As enacted · Part 3 · Benchmark Submitters of Designated Benchmarks
18. Condition of exemption under section 123ZH(1) of Act
Feedback & supportFor the purposes of section 123ZH(2) of the Act, the condition in paragraph (2) is imposed on every person exempt, under section 123ZH(1) of the Act, from section 123ZC(1) of the Act.
The exempt person must lodge with the Authority a notice that the exempt person intends to carry on a business or activity of providing information in relation to a designated benchmark in Form 4, at least 14 days before commencing that business or activity.
Subregulation 1
For the purposes of section 123ZH(2) of the Act, the condition in paragraph (2) is imposed on every person exempt, under section 123ZH(1) of the Act, from section 123ZC(1) of the Act.
Subregulation 2
The exempt person must lodge with the Authority a notice that the exempt person intends to carry on a business or activity of providing information in relation to a designated benchmark in Form 4, at least 14 days before commencing that business or activity.