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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 12GJ

Jurisdiction of courts

  (1)   Jurisdiction is conferred on the Federal Court in any matter:

  (a)   arising under this Division; or

  (b)   arising under Part   3 in its application in relation to an investigation of a contravention of this Division;

in respect of which a civil proceeding may be instituted under this Subdivision or under Part   3 as so applying.

  (2)   With respect to any matter:

  (a)   arising under this Division; or

  (b)   arising under Part   3 in its application in relation to an investigation of a contravention of this Division;

in respect of which a civil proceeding is instituted under this Subdivision or under Part   3 as so applying:

  (c)   the several courts of the States are invested with federal jurisdiction within the limits of their several jurisdictions, whether those limits are as to locality, subject - matter or otherwise; and

  (d)   subject to the Constitution, jurisdiction is conferred on the several courts of the Territories.

  (3)   Nothing in subsection   (2) is taken to enable an inferior court of a State or Territory to grant a remedy other than a remedy of a kind that the court is able to grant under the law of that State or Territory.

  (4)   The jurisdiction conferred by subsection   (1) on the Federal Court is exclusive of the jurisdiction of any other court other than the jurisdiction of the several courts of the States and Territories under subsection   (2) and the jurisdiction of the High Court under section   75 of the Constitution.


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