Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 10.2.51

Sale offers that need disclosure

                   For section 1444 of the Act:

                     (a)  section 707 of the old Corporations Act applies in relation to managed investment products:

                              (i)  issued before the FSR commencement; and

                             (ii)  sold during the transitional period in relation to the products; and

                     (b)  section 707 of the Act applies in relation to managed investment products:

                              (i)  issued on or after the FSR commencement; and

                             (ii)  sold during the transitional period in relation to the products; and

                     (c)  section 1012C of the Act does not apply in relation to a financial product that is issued before the end of the transition period in relation to the financial product, other than:

                              (i)  a security that is not also a warrant; and

                             (ii)  a managed investment product that is not also a warrant.



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