Corporations Regulations 2001

For paragraph 913B(1)(d) of the Act, a foreign entity that:

is not a foreign company; and

applies for an Australian financial services licence;

The foreign entity must:

have appointed, as an agent, a person who is:

a natural person or a company; and

resident in this jurisdiction; and

authorised to accept, on the foreign entity’s behalf, service of process and notices; and

lodge, with the application, a memorandum of appointment or a power of attorney that is duly executed by or on behalf of the foreign entity and states the name and address of the agent.

If the memorandum of appointment, or power of attorney, lodged under paragraph (2)(b) was executed on behalf of the foreign entity, the foreign entity must also lodge a copy declared in writing to be a true copy of the document authorising the execution.