Corporations Act 2001
Modifying legislative instruments: The application of Ch 6C is affected by the following legislative instruments that commenced on or after 1 January 2022: the ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 202 3/6 87; and the ASIC Corporations (Relief to Facilitate Admission of Exchange Traded Funds) Instrument 2024/147.
For legislative instruments or class orders before 1 January 2022 that affect the application of Ch 6C, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
[ CCH Note: Ch 6C heading will be amended by No 72 of 2025, s 3, Sch 1[5], by substituting " CERTAIN LISTED ENTITIES " for " LISTED COMPANIES, LISTED REGISTERED SCHEMES AND LISTED NOTIFIED FOREIGN PASSPORT FUNDS " , (effective 4 December 2026).
[ CCH Note: Pt 6C.1A heading will be inserted by No 72 of 2025, s 3, Sch 1[2] (effective 4 December 2026). Pt 6C.1A heading will read:
PART 6C.1A - PRELIMINARY
Division 1 - Chapter 6C bodies]
[ CCH Note: Div 1 heading will be inserted by No 72 of 2025, s 3, Sch 1[30] (effective 4 December 2026). Div 1 heading will read:
Division 1 - Directions by ASIC
Subdivision A - Disclosure notices]
A person who contravenes section 672B is liable to compensate a person for any loss or damage the person suffers because of the contravention.
[ CCH Note: S 672F(1) will be amended by No 72 of 2025, s 3, Sch 1[44], by substituting " 672AB or 672BA " for " 672B " , (effective 4 December 2026).]
672F(2)
It is a defence in proceedings brought under this section if the person who contravenes section 672B proves that they contravened that section: (a) because of inadvertence or mistake; or (b) because they were not aware of a relevant fact or occurrence.
In determining whether the defence is available, disregard the person ' s ignorance of, or a mistake on the person ' s part concerning, a matter of law.
[ CCH Note: S 672F(2) will be amended by No 72 of 2025, s 3, Sch 1[44], by substituting " 672AB or 672BA " for " 672B " , (effective 4 December 2026).]
672F(3)
If 2 or more persons each contravene section 672B because of the same act or omission, their liability under this section for the contravention is joint and individual.
[ CCH Note: S 672F(3) will be amended by No 72 of 2025, s 3, Sch 1[44], by substituting " 672AB or 672BA " for " 672B " , (effective 4 December 2026).]
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.
View history note
Hide history note