Corporations Act 2001
If:
(a) a body proposes to make an offer of securities in a recognised jurisdiction under a foreign recognition scheme; and
(b) under the foreign recognition scheme, the offer is to be regulated by the law of this jurisdiction;
the body must lodge with ASIC written notice, in the prescribed form (if any), of its intention to make the offer under the foreign recognition scheme, no later than the time it notifies the recognised jurisdiction of that intention.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
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