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ASIC Corporations (Approved Foreign Financial Markets) Instrument 2015/1071

I, Grant Moodie, delegate of the Australian Securities and Investments Commission, make the following legislative instrument.

 

Date  8 December 2015

 

Grant Moodie

 

Contents

Part 1—Preliminary 

1 Name of legislative instrument.....................................

2 Commencement................................................

3 Authority.....................................................

4 Definitions....................................................

Part 2—Declaration 

5 On–market buy-back on an overseas financial market...................

Part 3—Approval 

6 Acquisition through a foreign listed company.........................

Part 1Preliminary

1 Name of legislative instrument

This instrument is ASIC Corporations (Approved Foreign Financial Markets) Instrument 2015/1071.

2 Commencement

This instrument commences on the day after it is registered on the Federal Register of Legislative Instruments.

Note: The register may be accessed at www.comlaw.gov.au.

3 Authority

This instrument is made for the purposes of:

(a) subsection 257B(7) of the Corporations Act 2001; and

(b) item 14(b) of the table in section 611 of that Act.

4 Definitions

In this instrument:

Act means the Corporations Act 2001.

eligible financial market means the main board of:

(a) Borsa Italiana;

(b) Bursa Malaysia;

(c) Euronext Amsterdam;

(d) Euronext Paris;

(e) Frankfurt Stock Exchange;

(f) Hong Kong Stock Exchange;

(g) JSE (also known as the Johannesburg Stock Exchange);

(h) London Stock Exchange;

(i)  NASDAQ Global Market or the NASDAQ Global Select Market;

(j)  New York Stock Exchange;

(k) NYSE MKT;

(l) NZX;

(m) Singapore Exchange;

(n) SIX Swiss Exchange;

(o) Tokyo Stock Exchange;

(p) Toronto Stock Exchange.

Part 2Declaration

5 On–market buy-back on an overseas financial market

ASIC declares that an eligible financial market is an approved overseas financial market.

Note: This declaration is made for the purposes of subsection 257B(7) of the Act.

Part 3Approval

6 Acquisition through a foreign listed company

ASIC approves a foreign body conducting an eligible financial market.

Note: This approval is given for the purposes of item 14(b) of the table in section 611 of the Act.