94J   Registration as the securities clearing house

(1)  The Chief Commissioner must, on application (in a form approved by the Chief Commissioner) by the body approved as the securities clearing house under section 779B of the Corporations Law, register the body under this Division.

(2)  The registration is subject to conditions determined by the Chief Commissioner from time to time and notified to SCH by writing.

(3)  The registration continues in force:

(a)  until cancelled on the application of the body registered, and

(b)  subject to an order of suspension made by the Chief Commissioner for a specified period for contravention of this Division or a condition of the registration.