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CORPORATIONS ACT 2001

CHAPTER 8 - MUTUAL RECOGNITION OF SECURITIES OFFERS    View history reference

PART 8.2 - FOREIGN OFFERS THAT ARE RECOGNISED IN THIS JURISDICTION    View history reference

Division 2 - Effect of a recognised offer    View history reference

SECTION 1200F  EFFECT OF A RECOGNISED OFFER  

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1200F(1)  [Provisions that do not apply]  

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The provisions listed in the table do not apply, in relation to a recognised offer, to the things specified in the table for those provisions.

Note: Recognised offers must comply with Division 3 instead.


Provisions that do not apply in relation to a recognised offer
ItemThese provisions:do not apply, in relation to the offer, to:
1Chapter 2Lif the recognised offer is an offer of debentures - the offeror.
2Chapter 5Cif the recognised offer is an offer of interests in a managed investment scheme - the operator of the managed investment scheme.
3Chapter 6D, other than sections 736 and 738(a)the recognised offer; or
  (b)the offeror of the recognised offer; or
  (c)any offer document for the offer.
4Parts 7.6, 7.7 and 7.8, other than section 992AA(a)the issue or disposal of a security under the recognised offer; or
  (b)general advice (within the meaning of Chapter 7) contained in any offer document for the offer; or
  (c)general advice contained in an advertisement for the recognised offer issued by, or on behalf of, the offeror; or
  (d)the provision of a custodial or depository service (within the meaning of Chapter 7) in relation to interests in a managed investment scheme that are the subject of the recognised offer.
5Part 7.9, other than sections 1020AB, 1020AC, 1020AD and 1020Bthe offeror of the recognised offer.

1200F(2)  [Regulations may apply provisions]  


Despite subsection (1), the regulations may:


(a) apply a provision listed in the table in subsection (1) to a person or class of persons; or


(b) apply a provision listed in the table in subsection (1) to a security or class of securities; or


(c) provide that a provision listed in the table in subsection (1) applies with the modifications specified in the regulations.


 



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