Corporations Act 2001

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  

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) .


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