Commonwealth Consolidated Acts

CORPORATIONS ACT 2001 - SECT 718

             (1)  A disclosure document to be used for an offer of securities must be lodged with ASIC.

Note 1:       Subsection 727(3) makes it an offence to process applications for non-quoted securities under an offer that needs a disclosure document until 7 days after the disclosure document is lodged.

Note 2:       See section 720 for the consents that need to be obtained before lodgment.

Note 3:       Section 351 says what signatures are necessary for documents that are to be lodged with ASIC.

             (2)  This section does not apply to a 2-part simple corporate bonds prospectus.

Note:          See section 713B (2-part simple corporate bonds prospectus).