Australian Securities and Investments Commission
Corporations Act 2001 - Paragraph 911A(2)(l) - Variation

 

Under paragraph 911A(2)(l) of the Corporations Act 2001 the Australian Securities and Investments Commission varies Class Order [CO 03/1101] as follows:

 

  1. in the introductory words of Schedule A, omit "foreign company", substitute "corporation";

 

2.                in subparagraph (aa)(ii) of Schedule A, after "partnership" insert "that is a foreign company";

 

3.                in paragraph (b) of Schedule A, insert before subparagraph (i):

 

"(ia) is a company; or";

 

4.                in subparagraph 2(c)(iv) of Schedule B, after "not" insert "a company or"; and

 

5.                in paragraph 1 of Schedule C, omit "would comply, so far as possible, with the US regulatory requirements if the financial service were provided in the US in like circumstances.", substitute "complies with the US regulatory requirements that apply to the provision of the service.".

 

Commencement

 

This instrument takes effect on gazettal.

 

Dated this 5th day of March 2004.

 

 

 

Signed by Brendan Byrne

as a delegate of the Australian Securities and Investments Commission