Corporations Act 2001
CHAPTER 6D
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FUNDRAISING
PART 6D.3
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PROHIBITIONS, LIABILITIES AND REMEDIES (OTHER THAN FOR CSF OFFERS)
If securities are issued or transferred to a person as a result of an offer that contravenes section 736, the person may return the securities within 1 month after the issue or transfer. If they do so, they are entitled to be repaid the amount they paid for the securities.
Division 2
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Remedies
SECTION 738
738
SECURITIES MAY BE RETURNED AND REFUND OBTAINED
If securities are issued or transferred to a person as a result of an offer that contravenes section 736, the person may return the securities within 1 month after the issue or transfer. If they do so, they are entitled to be repaid the amount they paid for the securities.
[ CCH Note: S 738 will be repealed by No 135 of 2020, s 3, Sch 5[1] (effective 5 October 2021).]
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