Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 1200T

             (1)  If:

                     (a)  a body proposes to make, or is making, 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;

this Act applies in the recognised jurisdiction in relation to the offer as if it were an offer being made in this jurisdiction.

             (2)  Despite subsection (1), the regulations may:

                     (a)  exempt a person or class of persons from all or specified provisions of this Act as it applies by force of subsection (1); or

                     (b)  exempt a security or a class of securities from all or specified provisions of this Act as it applies by force of subsection (1); or

                     (c)  provide that a provision of this Act as it applies by force of subsection (1) applies with the modifications specified in the regulations.