Australian Securities and Investments Commission
Corporations Act 2001 — Paragraph 992B(1)(a) — Exemption
1. Under paragraph 992B(1)(a) of the Corporations Act 2001 (the Act), the Australian Securities and Investments Commission exempts a holder of an Australian financial services licence from Regulation 7.8.19 of the Corporations Regulations 2001 in relation to each instruction to deal in financial products received by the holder to which both of the following apply:
(a) the instruction is from or on behalf of a wholesale client who is not in this jurisdiction; and
(b) the instruction is for a dealing through a financial market that is not operated in this jurisdiction.
Interpretation
2. In this instrument, wholesale client has the meaning given by section 761G of the Act.
Dated this 26th day of September 2003
Signed by Stephen Yen, PSM
as a delegate of the Australian Securities and Investments Commission