Document ID: chunk:federal_register_of_legislation:F2018L00358:body:0:p2
Version: federal_register_of_legislation:F2018L00358
Segment Type: other
Provision Reference: 
Character Range: 2539–3439

like import.

     2. The securities being offered and/or traded by the foreign corporation are in parcels not less than $500,000.

     3. It is clearly stated on securities, and in statements prominently displayed in any promotional, marketing, disclosure and other similar material, whether in paper, electronic, website or other form, related to the issue of the securities that:
              1. the securities are issued by an entity that is not authorised under the Banking Act 1959, and the entity is not supervised by the Australian Prudential Regulation Authority; and
             2. an investment in securities issued by the entity is not covered by the depositor protection provisions in section 13A of the Banking Act 1959, and will not entitle holders of securities to claim under Division 2AA – Financial claims scheme for account-holders with insolvent ADIs in the Banking Act 1959.