ASIC has published the form (CL13) in which notice must be given to ASIC when a registered person or credit licensee :
- enters into a servicing agreement with a special purpose funding entity (notification of agreement); or
- ceases a servicing agreement with a special purpose funding entity (notification of cessation); or
- is given certain directions by a person who is a position to control or influence the special purpose funding entity (notification of action).
Notice of a servicing agreement entered before 1 July 2010 must be given within 30 business days after 1 July 2010 (ie 11 August 2010).
Notice of a servicing agreement entered into on or after 1 July 2010 must be given within 20 business days after entry into the agreement.