Corporations Act 2001
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 and [ 1101], by substituting " the Registrar " for " ASIC " and repealing note 3, (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
This section does not apply to a 2-part simple corporate bonds prospectus.
Note: See section 713B (2-part simple corporate bonds prospectus).