Federal Register of Legislation - Australian Government

Primary content

Other as amended, taking into account amendments up to ASIC Corporations (Amendment) Instrument 2020/200
Administered by: Treasury
Registered 21 Mar 2020
Start Date 17 Mar 2020
To be ceased 31 Mar 2022
Ceased by Self Ceasing
Table of contents.

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

 

About this compilation

 

Compilation No. 3

 

This is a compilation of ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182 as in force on 17 March 2020. 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.

 

 



Part 1—Preliminary

1        Name of legislative instrument

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

3        Cessation

This instrument ceases to apply on 31 March 2022.

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

Instrument number

Date of FRL registration

Date of commencement

Application, saving or transitional provisions

2017/182

27/3/2017 (see F2017L00320)

28/3/2017

 

2018/807

24/9/2018 (see F2018L01336)

25/9/2018

-

2019/902

5/9/2019 (see F2019L01144)

10/9/2019

-

2020/200

10/3/2020 (see F2020L00239)

17/3/2020

-

Endnote 2—Amendment history

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 = repealed     rs. = repealed and substituted

Provision affected 

How affected

Section 2

rep. s48D LA

Section 3

am. 2018/807; 2019/902 and 2020/200