Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.12 - MISCELLANEOUS  

Division 1A - Employee share schemes  

Subdivision C - Offers that are eligible to be made under this Division  

SECTION 1100N  

1100N   OFFERS THAT ARE ELIGIBLE TO BE MADE UNDER THIS DIVISION  


An offer for the issue, sale or transfer of ESS interests of a body corporate or registered scheme to ESS participants in connection with an employee share scheme is eligible to be made under this Division if:

(a)    the offer is covered by any of the following:


(i) section 1100P (about offers for no monetary consideration);

(ii) section 1100Q (about offers for monetary consideration);

(iii) section 1100R (about offers that would otherwise not need disclosure); and

(b)    the offer is expressed to be made under this Division.


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