Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 11 - Status of listed securities  

REGULATION 10.2.33   SECURITIES OF EXEMPT STOCK MARKETS  

10.2.33(1)   [ Application]  

This regulation applies to a listed security, within the meaning of the SIS Act, that was, immediately before the FSR commencement, a share, unit, bond or debenture, right or other security, listed for quotation in the official list of an exempt stock market.

10.2.33(2)   [ Deemed listed security]  

On and after the FSR commencement, the share, unit, bond or debenture, right or other security is taken to be a listed security for the purposes of the SIS Act.

10.2.33(3)   [ Limitation]  

Subregulation (2) ceases to apply if:

(a) the person conducting the exempt stock market to which the share, unit, bond or debenture, right or other security relates becomes:

(i) an Australian financial services licensee; or

(ii) an Australian market licensee; or

(b) the exempt stock market to which the share, unit, bond or debenture, right or other security relates ceases to operate.