Statute
Section 911D — Corporations Act 2001: When a financial services business is taken to be carried on in this jurisdiction
Text of the provision Official document
(1) A financial services business is taken to be carried on in this jurisdiction by a person if, in the course of the person carrying on the business, the person engages in conduct that is: (a) intended to induce people in this jurisdiction to use the financial services the person provides; or (b) is likely to have that effect; whether or not the conduct is intended, or likely, to have that effect in other places as well. (2) This section does not limit the circumstances in which a financial services business is carried on in this jurisdiction.
Official source: Federal Register of Legislation
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