ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182

About this compilation

Compilation No. 7

This is a compilation of ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182 as in force on 6 August 2024. It includes any commenced amendment affecting the legislative instrument to that date.

This compilation was prepared by the Australian Securities and Investments Commission.

The notes at the end of this compilation (the endnotes) include information

about amending instruments and the amendment history of each amended provision.

Contents

Part 1—Preliminary

1 Name of legislative instrument

3 Repeal 

4 Authority

5 Definitions

Part 2—Exemption

6 Licensing

Endnotes

Endnote 1—Instrument history

Endnote 2—Amendment history

Part 1—Preliminary

1 Name of legislative instrument

This is the ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182.

3 Repeal

This instrument is repealed at the end of 31 March 2026.

4 Authority

This instrument is made under subsection 926A(2) of the Corporations Act 2001.

5 Definitions

In this instrument:

Act means the Corporations Act 2001.

Part 2—Exemption

6 Licensing

(1) A person that is carrying on a financial services business in this jurisdiction only because of section 911D of the Act does not have to comply with subsection 911A(1) of the Act in relation to the provision of a financial service to a wholesale client.

(2) Subsection (1) does not apply to a person who holds an Australian financial services licence covering the provision of the financial service.

Endnotes

Endnote 1—Instrument history

Endnote 2—Amendment history

ad. = added or inserted     am. = amended     LA = Legislation Act 2003    rep. = repealed     rs. = repealed and substituted