Section 1200T — Corporations Act 2001: 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.