Corporations Amendment (Crowd-sourced Funding) Act 2017 (17 of 2017)
Schedule 2 Related amendments of corporate governance requirements
Corporations Act 2001
6 At the end of section 301
(5) A company need not comply with subsection (1) if:
(a) it is covered under section 738ZI at the end of the financial year mentioned in subsection (1); and
(b) as at the end of that financial year, the company has raised less than $1 million from all CSF offers that it has made at any time.