Section 905P — Corporations Act 2001: Matters to be taken into account by ASIC

(1) ASIC must have regard to certain matters in deciding whether to: (a) grant an applicant an Australian derivative trade repository licence under section 905C; or (b) impose, vary or revoke conditions on such a licence under section 905F; or (c) suspend or cancel such a licence under section 905J. (2) The matters ASIC must have regard to are as follows: (a) the structure, or proposed structure, of the derivative trade repository; (b) the nature of the activities conducted, or proposed to be conducted, by the derivative trade repository; (c) the size, or proposed size, of the derivative trade repository; (d) the persons who are, or may be, required to report derivative trade data to the derivative trade repository; (e) the technology used, or proposed to be used, in the operation of the derivative trade repository; (f) whether it would be in the public interest to take the action referred to in subsection (1). ASIC may also have regard to any other matter that ASIC considers relevant.