Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 7.8A.04

Jurisdictional scope of Division

             (1)  A person is not required by this Division to make a target market determination for a financial product if the product is:

                     (a)  a financial product that is not available for acquisition by issue, or by regulated sale, in this jurisdiction; or

                     (b)  securities offered under a recognised offer in relation to a recognised jurisdiction.

             (2)  The following terms used in paragraph (1)(b) have the same meaning as in subsection 1200A(1) of the Act:

                     (a)  recognised jurisdiction;

                     (b)  recognised offer;

                     (c)  securities.



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