Corporations Act 2001
CHAPTER 1
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INTRODUCTORY
PART 1.2A
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DISCLOSING ENTITIES
Division 2
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Definitions
SECTION 111AF
SECURITIES (EXCEPT DEBENTURES AND MANAGED INVESTMENT PRODUCTS) HELD BY 100 OR MORE PERSONS
111AF(1)
Securities (except debentures or managed investment products) in a class of securities of a body are ED securities if:
(a) a disclosure document in relation to securities in that class has been lodged with ASIC under Chapter 6D; and
(b) securities in that class have been issued pursuant to the disclosure document; and
(c) after an issue of securities in that class pursuant to the disclosure document, 100 or more persons held securities in that class; and
(d) securities in that class have been held by 100 or more persons at all times since the issue of securities referred to in paragraph (c).
Securities (except debentures and managed investment products) in a class of securities of a body are ED securities if securities in that class have been issued under a recognised offer and the offeror ' s records indicate that 100 or more people who reside in this jurisdiction have held securities in that class (whether or not as a result of the recognised offer) at all times since the issue.
Securities (except debentures or managed investment products) in a class of securities of a body are ED securities if:
(a) a disclosure document in relation to securities in that class has been lodged with ASIC under Chapter 6D; and
(b) securities in that class have been issued pursuant to the disclosure document; and
(c) after an issue of securities in that class pursuant to the disclosure document, 100 or more persons held securities in that class; and
(d) securities in that class have been held by 100 or more persons at all times since the issue of securities referred to in paragraph (c).
[ CCH Note: S 111AF(1) will be amended by No 69 of 2020, s 3, Sch 1[386], by omitting " with ASIC " in para (a) (effective 22 June 2022 or a day or days to be fixed by Proclamation).]
111AF(2)
Securities (except debentures and managed investment products) in a class of securities of a body are ED securities if securities in that class have been issued under a recognised offer and the offeror ' s records indicate that 100 or more people who reside in this jurisdiction have held securities in that class (whether or not as a result of the recognised offer) at all times since the issue.
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