Common use of Reallocation Participants Clause in Contracts

Reallocation Participants. (a) Subject to this agreement, the Operator will give all Reallocation Participants access to the Trading System to the extent required to participate in Reallocations. Note: Access to the Exchange is not required for the purposes of Reallocations. (b) A Reallocation Participant is not permitted to trade in Products or view information produced by the Operator about Product trading that is not made publicly available. (c) The Operator must register a Member as a Reallocation Participant if that Member has applied to become a Reallocation Participant and the Operator is satisfied that the Member, or the Agent Member for each Appointing Member: (i) has met the requirements in clause 6.1(b); (ii) has an active Austraclear account and has given its account information to the Operator; (iii) is registered for GST purposes and has executed and delivered to the Operator a recipient created tax invoice agreement in the form specified by the Operator from time to time; and (iv) is a wholesale client as defined in section 761G (4) of the Corporations Act.