THE CORPORATIONS LAW

CHAPTER 5B - BODIES CORPORATE REGISTERED AS COMPANIES, AND REGISTRABLE BODIES

PART 5B.2 - REGISTRABLE BODIES

Division 2 - Foreign companies

SECTION 601CD   WHEN A FOREIGN COMPANY MAY CARRY ON BUSINESS IN THIS JURISDICTION  

601CD(1)  (Registration)  

A foreign company must not carry on business in this jurisdiction unless:

(a)  it is registered under this Division or a corresponding law; or

(b)  it has applied to be so registered and the application has not been dealt with.

601CD(2)  (Definition of carrying on business)  

For the purposes of this Division, a foreign company carries on business in this jurisdiction if it:

(a)  offers debentures in this jurisdiction; or

(b)  is a guarantor body for debentures offered in this jurisdiction;

and Part 2L.1 applies to the debentures.




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