Corporations Act 2001
CHAPTER 6D
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FUNDRAISING
PART 6D.3A
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CROWD-SOURCED FUNDING
If a CSF offer is closed otherwise than because of paragraph 738N(4)(a) , (b) or (c), the responsible intermediary must remove the CSF offer document from the offer platform.
If a CSF offer is closed because of paragraph 738N(4)(a) , (b) or (c), the responsible intermediary may (but is not required to) remove the CSF offer document from the offer platform.
Division 3
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Making offers under this Part
SECTION 738P
CSF OFFER DOCUMENT TO BE REMOVED FROM OFFER PLATFORM IF OFFER CLOSES IN CERTAIN CIRCUMSTANCES
738P(1)
If a CSF offer is closed otherwise than because of paragraph 738N(4)(a) , (b) or (c), the responsible intermediary must remove the CSF offer document from the offer platform.
Note 1: Failure to comply with this subsection is an offence (see subsection 1311(1) ).
Note 2: For removal of the CSF offer document for a CSF offer if the offer is suspended, see subsection 738X(2) .
738P(2)If a CSF offer is closed because of paragraph 738N(4)(a) , (b) or (c), the responsible intermediary may (but is not required to) remove the CSF offer document from the offer platform.
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