Corporations Act 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.2 - DISCLOSURE TO INVESTORS ABOUT SECURITIES (OTHER THAN FOR CSF OFFERS)  

Division 5 - Procedure for offering securities  

SECTION 720   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
Issue offers
1	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
if securities interests in a managed investment scheme made available by a body - every director of that body
if securities interests in a managed investment scheme made available by an individual - that individual
Simple corporate bonds issue offers
1A	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
if simple corporate bonds in a managed investment scheme made available by a body - every director of that body
if simple corporate bonds in a managed investment scheme made available by an individual - that individual
sale offers (sale by controller)
2	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
sale offers (sale amounting to indirect issue)
3	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
sale offers (sale amounting to indirect sale by controller)
4	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