Corporations Act 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.1 - APPLICATION OF THE FUNDRAISING PROVISIONS  

SECTION 703A  

703A   OPERATING A CLEARING AND SETTLEMENT FACILITY IS NOT OFFERING SECURITIES ETC.  

Nothing that the operator of a clearing and settlement facility does in the course of, or in connection with, providing facilities for the settlement of transactions constitutes, for the purposes of this Chapter:

(a)    an offer of securities for subscription or purchase; or

(b)    an invitation to subscribe for or buy securities.