Corporations Act 2001

CHAPTER 8 - MUTUAL RECOGNITION OF SECURITIES OFFERS  

PART 8.1 - PRELIMINARY  

SECTION 1200A   MEANING OF SOME TERMS RELATING TO MUTUAL RECOGNITION OF SECURITIES OFFERS  

1200A(1)    

In this Act:

foreign recognition scheme
means the provisions of a law of a recognised jurisdiction that are prescribed by the regulations as comprising a foreign recognition scheme.

law of a recognised jurisdiction
includes law of part of a recognised jurisdiction.

recognised jurisdiction
means a foreign country prescribed by the regulations as a recognised jurisdiction.

1200A(2)    
For the purposes of this Chapter, paragraph (b) of the definition of debenture in section 9 is taken to include a reference to an undertaking by an institution, authorised by or under the law of a recognised jurisdiction as a deposit-taking institution (however described), to repay money deposited with it, or lent to it, in the ordinary course of its banking business.

1200A(3)    
For the purposes of this Chapter:

(a)    paragraph (c) of the definition of managed investment scheme in section 9 is taken to include a reference to a partnership that, if this Act applied to it, would not need to be incorporated or formed under an Australian law because of regulations made for the purposes of subsection 115(2) ; and

(b)    paragraph (i) of the definition of managed investment scheme in section 9 is taken to include a reference to a scheme operated by an institution, authorised by or under the law of a recognised jurisdiction as a deposit-taking institution (however described), in the ordinary course of its banking business.