Corporations Regulations 2001

CHAPTER 8 - MUTUAL RECOGNITION OF SECURITIES OFFERS  

PART 8.2 - FOREIGN OFFERS THAT ARE RECOGNISED IN THIS JURISDICTION  

Division 1 - Recognised offers  

REGULATION 8.2.01  

8.2.01   PRESCRIBED OFFER (ACT s 1200C(4))  

For subsection 1200C(4) of the Act, an offer of a security is a prescribed offer in relation to New Zealand if a disclosure document (as defined in the Financial Markets Conduct Act 2013 of New Zealand) must be prepared in accordance with:

(a)    the Financial Markets Conduct Act 2013 of New Zealand; or

(b)    the Financial Markets Conduct Regulations 2014 of New Zealand.

Note: For the purpose of Chapter 8 of the Act and Chapter 8 of these regulations, a security does not include all of the financial products defined as securities in the Financial Markets Conduct Act 2013 of New Zealand - see the definition of securities in subsection 92(7) of the Act. For example, a security does not include an interest in a superannuation scheme or a life insurance policy.