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CORPORATIONS ACT 2001

CHAPTER 8 - MUTUAL RECOGNITION OF SECURITIES OFFERS    View history reference

PART 8.3 - OFFERS MADE UNDER FOREIGN RECOGNITION SCHEMES    View history reference

SECTION 1200T  EXTENSION OF THIS ACT TO RECOGNISED JURISDICTIONS  

 View history reference

1200T(1)  [Offer in a recognised jurisdiction under a foreign recognition scheme]  


If:


(a) a body proposes to make, or is making, an offer of securities in a recognised jurisdiction under a foreign recognition scheme; and


(b) under the foreign recognition scheme, the offer is to be regulated by the law of this jurisdiction;

this Act applies in the recognised jurisdiction in relation to the offer as if it were an offer being made in this jurisdiction.

1200T(2)  [Exemptions under the regulations]  


Despite subsection (1), the regulations may:


(a) exempt a person or class of persons from all or specified provisions of this Act as it applies by force of subsection (1); or


(b) exempt a security or a class of securities from all or specified provisions of this Act as it applies by force of subsection (1); or


(c) provide that a provision of this Act as it applies by force of subsection (1) applies with the modifications specified in the regulations.


 



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