CHAPTER 10
-
TRANSITIONAL PROVISIONS
PART 10.66
-
TRANSITIONAL PROVISIONS RELATING TO SCHEDULE 4 OF THE TREASURY LAWS AMENDMENT (COST OF LIVING SUPPORT AND OTHER MEASURES) ACT 2022
History
Pt 10.66 inserted by No 14 of 2022, s 3, Sch 4[36] (effective 1 October 2022).
SECTION 1696
EMPLOYEE SHARE SCHEMES
-
RECOGNISED FOREIGN MARKETS
1696(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.
1696(2)
This section ceases to apply when ASIC determines a foreign market under subsection
1100K(2)
.
History
S 1696 inserted by No 14 of 2022, s 3, Sch 4[36] (effective 1 October 2022).