Ministry of Economic Development Home| Contact MED|


Jump to Site Navigation Links
 
 
 

Links to this page were:

Section Subnavigation Links:

Background


Regulatory Impact and Business Compliance Cost Statement: Agreement between the Government of Australia and the Government of New Zealand in Relation to Mutual Recognition of Securities Offerings

Hon Pete Hodgson, Minister of Commerce
[ Last Updated 22 February 2006 ]


This regulatory impact statement considers the impact of the Trans-Tasman Treaty for the Mutual Recognition of Securities and the resulting regulatory regimes.

The Australian and New Zealand governments signed a Memorandum of Understanding on the Co-ordination of Business Law (MOU) in 2000, which established a work stream for the co-ordination of Trans-Tasman offerings of securities. In October 2001, the Australian Government invited New Zealand to work towards a regime co-ordinating the regulatory environment for Trans-Tasman securities offerings. Part 5 of the Securities Act 1978 was then enacted and allows regulations to be made for mutual recognition regimes of cross border securities offerings.


Back to Top



Jump to main page content.