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.