Treasury Laws Amendment (Cost of Living Support and Other Measures) Act 2022 (14 of 2022)

Schedule 4   Employee Share Schemes

Corporations Act 2001

36   At the end of Chapter 10

Add:

Part 10.66 - Transitional provisions relating to Schedule 4 of the Treasury Laws Amendment (Cost of Living Support and Other Measures) Act 2022

1696 Employee share schemes - recognised foreign markets

(1) If, immediately after the commencement of this section, there is no legislative instrument in force under subsection 1100K(2), then an approved foreign market, within the meaning of the ASIC Corporations (Definition of Approved Foreign Market) Instrument 2017/669, is taken to be a foreign market determined by ASIC for the purposes of that section.

(2) This section ceases to apply when ASIC determines a foreign market under subsection 1100K(2).