Article 8: Legislation to Give Effect to the Scheme

Full Text of the Agreement between the Government of Australia and the Government of New Zealand in Relation to Mutual Recognition of Securities Offerings

The Government of Australia and the Government of New Zealand

[ Last Updated 28 February 2006 ]

1. The Parties shall consult together in relation to the implementing legislation, and in relation to any amendments to that legislation, with a view to ensuring that it is consistent with and gives effect to the objectives of this Agreement.

2. Each Party shall notify the other Party of proposals for material changes to the scope of its securities legislation, or to the requirements under that securities legislation. The implications of these changes (if any) for this Agreement shall be considered, and the other Party may request modifications to the Scheme to accommodate any such changes.

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Printed: 08/11/2009