Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 6D.3A.08

Gatekeeper obligation of CSF intermediary--checks

             (1)  For the purposes of subsection 738Q(1) of the Act, this regulation prescribes the checks that a CSF intermediary needs to conduct before publishing any of the following documents (the offer document ) on a platform of the intermediary:

                     (a)  a CSF offer document (or a document purporting to be a CSF offer document);

                     (b)  a supplementary CSF offer document (or a document purporting to be a supplementary CSF offer document);

                     (c)  a replacement CSF offer document (or a document purporting to be a replacement CSF offer document);

for a CSF offer of securities made by a company (the offering company ).

Identity of offering company

             (2)  The CSF intermediary must check the following information:

                     (a)  the name, ACN and type of the offering company;

                     (b)  the address of the registered office of the offering company;

                     (c)  the address of the principal place of business of the offering company.

Eligibility to crowd fund

             (3)  The CSF intermediary must check whether:

                     (a)  the company satisfies the requirements in paragraphs 738H(1)(a), (b), (c), (d), (e) and (f) of the Act; and

                     (b)  the offer document satisfies the requirements in subsection 738J(2) and section 738K of the Act.

Information on directors etc.

             (4)  The CSF intermediary must check the following:

                     (a)  the names and addresses of each person referred to in paragraph 6D.3A.04(1)(d);

                     (b)  whether the offer document contains the information required by subregulation 6D.3A.04(3).



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