CORPORATIONS ACT 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.3A - CROWD-SOURCED FUNDING  

Division 3 - Making offers under this Part  

SECTION 738T   738T   WITHDRAWAL OF APPLICATIONS MADE PURSUANT TO CSF OFFER  


A person who has made an application pursuant to a CSF offer may withdraw the application:


(a) as permitted by section 738X (responsible intermediary ' s obligations on becoming aware that CSF offer document is defective) or 738ZD (cooling-off rights for retail clients); or


(b) in any other circumstances allowed by the responsible intermediary, and in accordance with any requirements of the intermediary for withdrawal in those circumstances.

Note: If an applicant withdraws their application, the responsible intermediary must return the application money (see section 738ZB ).


View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.