Extension of this Act to recognised jurisdictions
(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.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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