Australian Securities and Investments Commission Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182 (Cth)

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

About this compilation

Compilation No. 5

This is a compilation of ASIC Corporations (Foreign Financial Services Providers—Limited Connection) Instrument 2017/182 as in force on 2 August 2022. 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.

Contents

Part 1—Preliminary

1    Name of legislative instrument

3    Cessation

4    Authority

5    Definitions

Part 2—Exemption

6    Licensing

Endnotes

Endnote 1—Instrument history

Endnote 2—Amendment history

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 2024.

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	-
2021/510	11/6/2021 (see F2021L00732)	15/6/2021	-
2022/623	29/7/2022 (see F 2022L01022)	2/8/2022	-

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 = repealed     rs. = repealed and substituted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; 2020/200; 2021/510 and 2022/623