(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;