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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