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.


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.