[Preamble]
The Government of Australia and the Government of New Zealand (referred to in this Agreement as "the Parties"):
CONSCIOUS of their geographic proximity, long-standing friendship, and close historic, political, and economic relationship;
RECOGNISING the development of that relationship through the Australia New Zealand Closer Economic Relations Trade Agreement done at Canberra on 28 March 1983, and subsequent arrangements and agreements developed within that framework of which this agreement forms a part;
AFFIRMING their shared commitment to appropriate and effective regulation of offers of securities to the public;
SEEKING to remove unnecessary regulatory barriers to trans-Tasman securities offerings, and to thereby facilitate investment between the two countries, enhance competition in capital markets, reduce compliance costs for business, and increase choice for investors;
DESIRING therefore to establish a mutual recognition scheme in respect of offers of securities;
HAVE agreed as follows:
Back to Top