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CORPORATIONS ACT 2001 - SECT 1010A

Part generally does not apply to securities

  (1)   Apart from section   1017F and Divisions   5A, 5B, 5C and 6 (and provisions of Division   7 that apply in relation to that section or provisions of those Divisions), nothing in this Part applies in relation to securities.

Note 1:   Chapters   6CA and 6D provide for disclosure in relation to securities.

Note 2:   Division   1A of Part   7.12 (Employee share schemes) contains a separate regime for the making of offers in connection with employee share schemes. The provisions of this Part do not apply in relation to offers that are eligible to be made under that Division: see subsection   1100ZC(3) and section   1100ZD.

  (2)   Apart from section   1017F and Divisions   5A, 5B and 6, nothing in this Part applies in relation to debentures, stocks or bonds issued or proposed to be issued by a government.

Note:   These financial products are not securities as defined in subsection   92(5).


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