Commonwealth Consolidated Regulations

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION REGULATIONS 2001 - REG 2A

Territorial application of Act

         (1)   For subsection 4 (2) of the Act, the Act applies in each external Territory in accordance with this regulation.

         (2)   For the Territory of Christmas Island and the Territory of Cocos (Keeling) Islands:

                (a)    Division 2 of Part 2 of the Act applies in relation to:

                          (i)    a financial product; and

                         (ii)    a financial service; and

               (b)    the remainder of the Act applies in relation to:

                          (i)    a superannuation product within the meaning of section 761A of the Corporations Act; and

                         (ii)    an RSA product within the meaning of section 761A of the Corporations Act; and

                        (iii)    a financial service that relates to a superannuation product within the meaning of section 761A of the Corporations Act; and

                        (iv)    a financial service that relates to an RSA product within the meaning of section 761A of the Corporations Act.

         (3)   For an external Territory other than the Territory of Christmas Island and the Territory of Cocos (Keeling) Islands, the Act applies in relation to:

                (a)    a superannuation product within the meaning of section 761A of the Corporations Act; and

               (b)    an RSA product within the meaning of section 761A of the Corporations Act; and

                (c)    a financial service that relates to a superannuation product within the meaning of section 761A of the Corporations Act; and

               (d)    a financial service that relates to an RSA product within the meaning of section 761A of the Corporations Act.



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