Commonwealth Consolidated Acts

AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 4

  (1)   This Act applies:

  (a)   in this jurisdiction; and

  (b)   in a State that is not a referring State (but only to the extent to which the application would be within the legislative powers of the Parliament (including powers it has under paragraphs 51(xxxvii) and (xxxix) of the Constitution)); and

  (c)   in such external Territories (if any) as are prescribed.

  (2)   Without limiting paragraph   (1)(c), if an external Territory is prescribed, regulations prescribing the external Territory may provide:

  (a)   that only some of the provisions of this Act apply in the external Territory; and

  (b)   that provisions that apply in the external Territory only apply in specified circumstances.

  (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).