Territories Legislation Amendment Act 2020 (154 of 2020)

Schedule 2   Amendments of Treasury Acts

Part 1   Acts administered by ASIC

Division 1   Acts administered by ASIC: amendments

Australian Securities and Investments Commission Act 2001

7   Subsection 5(1) (definition of Territory)

Repeal the definition, substitute:

Territory :

(a) means the following:

(i) the Australian Capital Territory;

(ii) the Jervis Bay Territory;

(iii) the Northern Territory;

(iv) Norfolk Island;

(v) the Territory of Christmas Island;

(vi) the Territory of Cocos (Keeling) Islands; and

(b) when used in a geographical sense - - includes the Territory's coastal sea (if any).

Note 1: The term external Territory is definedin this subsection to be any Territory, other than a Territory covered by this definition, that is referred to in section 122 of the Constitution, where an Act makes provision for the government of the Territory as a Territory.

Note 2: The meaning of Territory is affected by subsection 4(3) (when used in a provision applying in an external Territory).