Section 1200A — Corporations Act 2001: Meaning of some terms relating to mutual recognition of securities offers
Text of the provision Official document
(1) In this Act: foreign recognition scheme means the provisions of a law of a recognised jurisdiction that are prescribed by the regulations as comprising a foreign recognition scheme. law of a recognised jurisdiction includes law of part of a recognised jurisdiction. recognised jurisdiction means a foreign country prescribed by the regulations as a recognised jurisdiction. (2) For the purposes of this Chapter, paragraph (b) of the definition of debenture in section 9 is taken to include a reference to an undertaking by an institution, authorised by or under the law of a recognised jurisdiction as a deposit-taking institution (however described), to repay money deposited with it, or lent to it, in the ordinary course of its banking business. (3) For the purposes of this Chapter: (a) paragraph (c) of the definition of managed investment scheme in section 9 is taken to include a reference to a partnership that, if this Act applied to it, would not need to be incorporated or formed under an Australian law because of regulations made for the purposes of subsection 115(2); and (b) paragraph (i) of the definition of managed investment scheme in section 9 is taken to include a reference to a scheme operated by an institution, authorised by or under the law of a recognised jurisdiction as a deposit-taking institution (however described), in the ordinary course of its banking business.
Official source: Federal Register of Legislation
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