Territories Legislation Amendment Act 2020 (154 of 2020)

Schedule 2   Amendments of Treasury Acts

Part 1   Acts administered by ASIC

Division 1   Acts administered by ASIC: amendments

Australian Securities and Investments Commission Act 2001

4   Subsection 4(3)

Repeal the subsection, substitute:

(3) If an external Territory is prescribed for the purposes of paragraph (1)(c), in a provision of this Act that applies (either generally or in particular circumstances) in the external Territory, a reference to a term covered by subsection (4) includes a reference to that external Territory (including its coastal sea).

(4) For the purposes of subsection (3), the following terms are covered:

(a) "Australia";

(b) "Commonwealth";

(c) "Territory";

(d) "this jurisdiction";

(e) a term the definition of which includes a term mentioned in paragraphs (a) to (d).