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CORPORATIONS ACT 2001 - SECT 911D When a financial services business is taken to be carried on in this jurisdiction

CORPORATIONS ACT 2001 - SECT 911D

When a financial services business is taken to be carried on in this jurisdiction

  (1)   A financial services business is taken to be carried on in this jurisdiction by a person if, in the course of the person carrying on the business, the person engages in conduct that is:

  (a)   intended to induce people in this jurisdiction to use the financial services the person provides; or

  (b)   is likely to have that effect;

whether or not the conduct is intended, or likely, to have that effect in other places as well.

  (2)   This section does not limit the circumstances in which a financial services business is carried on in this jurisdiction.