Corporations (NZ Closer Economic Relations) and Other Legislation Amendment Act 2007 (85 of 2007)

Schedule 2   Recognition of companies

Corporations Act 2001

2   Before section 601CT

Insert:

601CTA Limited disclosure if place of origin is a prescribed country

A foreign company is not required to lodge information or a copy of a document with ASIC under this Division if:

(a) the company's place of origin is a country prescribed by regulations made for the purposes of section 601CDA; and

(b) the company has given the information or a copy of the document to an authority in that country whose functions under the law of the country include functions equivalent to any of those of ASIC under this Act.