Corporations Act 2001
CHAPTER 8
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MUTUAL RECOGNITION OF SECURITIES OFFERS
PART 8.3
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OFFERS MADE UNDER FOREIGN RECOGNITION SCHEMES
SECTION 1200T
EXTENSION OF THIS ACT TO RECOGNISED JURISDICTIONS
1200T(1)
[
Offer in a recognised jurisdiction under a foreign recognition scheme]
(a) a body proposes to make, or is making, an offer of securities in a recognised jurisdiction under a foreign recognition scheme; and
(b) under the foreign recognition scheme, the offer is to be regulated by the law of this jurisdiction;
(a) exempt a person or class of persons from all or specified provisions of this Act as it applies by force of subsection (1); or
(b) exempt a security or a class of securities from all or specified provisions of this Act as it applies by force of subsection (1); or
(c) provide that a provision of this Act as it applies by force of subsection (1) applies with the modifications specified in the regulations.
View history note
Hide history note(a) a body proposes to make, or is making, an offer of securities in a recognised jurisdiction under a foreign recognition scheme; and
(b) under the foreign recognition scheme, the offer is to be regulated by the law of this jurisdiction;
this Act applies in the recognised jurisdiction in relation to the offer as if it were an offer being made in this jurisdiction.
1200T(2) [ Exemptions under the regulations]Despite subsection (1), the regulations may:
(a) exempt a person or class of persons from all or specified provisions of this Act as it applies by force of subsection (1); or
(b) exempt a security or a class of securities from all or specified provisions of this Act as it applies by force of subsection (1); or
(c) provide that a provision of this Act as it applies by force of subsection (1) applies with the modifications specified in the regulations.
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