Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 911D

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

             (1)  For the purposes of this Chapter, 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 for the purposes of this Chapter.


 



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