Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 720

Consents needed for lodgment

    The lodgment of a disclosure document, or a supplementary or replacement document, for the offer of a body's securities requires the consent of:

 

Consents required for lodgment

[operative]

 

Type of offer

People whose consent is required

 

1

Issue offers

offer of securities for issue (other than an offer of simple corporate bonds under a 2 - part simple corporate bonds prospectus)

 

every director of the body

every person named in the document as a proposed director of the body


 

1A

Simple corporate bonds issue offers

offer of simple corporate bonds under a 2 - part simple corporate bonds prospectus

 

every director of the body

every person named in the document as a proposed director of the body

 

2

sale offers (sale by controller)

offer of securities for sale that needs a disclosure document because of subsection   707(2)

 

if seller an individual--that individual

if seller a body--every director of the body


 

3

sale offers (sale amounting to indirect issue)

offer of securities for sale that needs a disclosure document because of subsection   707(3)


 

every director of the body whose securities are offered for sale

if seller an individual--that individual

if seller a body--every director of the body


 

4

 

sale offers (sale amounting to indirect sale by controller)

offer of securities for sale that needs a disclosure document because of subsection   707(5)


 

if seller an individual--that individual

if seller a body--every director of the body

if individual controls the body whose securities are offered for sale--that individual

if body controls the body whose securities are offered for sale--every director of the controlling body



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