Corporations Act 2001

CHAPTER 8 - MUTUAL RECOGNITION OF SECURITIES OFFERS  

PART 8.2 - FOREIGN OFFERS THAT ARE RECOGNISED IN THIS JURISDICTION  

Division 3 - Ongoing conditions for recognised offers  

SECTION 1200H   ADDRESS FOR SERVICE CONDITION  

When the address for service condition applies

1200H(1)    
The address for service condition in this section applies in relation to a recognised offer:

(a)    until the end of the last day on which a person who resides in this jurisdiction could acquire securities under the offer; and

(b)    if a person who resides in this jurisdiction acquires securities under the offer - at all times when the offeror ' s records indicate that someone who resides in this jurisdiction holds securities in the class of securities that was the subject of the recognised offer.

Note: Failure to comply with the address for service condition is an offence (see sections 1200Q and 1311 ).

Address for service condition

1200H(2)    
The offeror must lodge with ASIC written notice, in the prescribed form (if any), of any change in its address for service in this jurisdiction, no later than the end of the seventh day after the day on which the address changed.

1200H(3)    
If:

(a)    the offeror ' s address for service in this jurisdiction changes while the address for service condition in this section applies; and

(b)    the time by which the offeror is required to lodge notice with ASIC because of the change is after the address for service condition ceases to apply;

then, for the purposes of this section and subparagraph 1200Q(2)(b)(i) , the address for service condition is taken to continue to apply until that time to the extent necessary to require the offeror to lodge notice by that time.