Corporations Act 2001
View history note
Hide history noteCCH Note: Division 5 is modified by the ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668; and the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
CCH Note: Section 718 is modified by the ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668; and the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
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.
[ CCH Note: S 718(1) will be amended by No 69 of 2020, s 3, Sch 1[1100] and [ 1101], by substituting " the Registrar " for " ASIC " and repealing note 3, (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
718(2)
This section does not apply to a 2-part simple corporate bonds prospectus.
Note: See section 713B (2-part simple corporate bonds prospectus).
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