A listed disclosing entity bound by listing rules requiring continuous disclosure notifies the market operator, in accordance with those rules (ASX Listing Rule 3.1), of information it has that is not generally available and that a reasonable person would expect to have a material effect on the price or value of its securities (s 674(2), an offence). The civil penalty and compensation exposure applies where the entity knows, or is reckless or negligent as to whether, the information would have that effect (s 674A(2)). A person involved in the contravention also contravenes (s 674A(3)), but has a defence if they took all reasonable steps to ensure compliance and then believed on reasonable grounds that the entity was complying (s 674A(4)).
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.