CORPORATIONS ACT 2001

CHAPTER 10 - TRANSITIONAL PROVISIONS  

PART 10.5 - TRANSITIONAL PROVISIONS RELATING TO THE CORPORATE LAW ECONOMIC REFORM PROGRAM (AUDIT REFORM AND CORPORATE DISCLOSURE) ACT 2004  

SECTION 1470   SCHEDULE 7 TO THE AMENDING ACT (DISCLOSURE RULES)  

1470(1)   [ Presentation of disclosure statements]  

The amendments made by Part 1 of Schedule 7 to the amending Act apply to a disclosure document for an offer of securities if the disclosure document is lodged with ASIC on or after the day on which this Act receives the Royal Assent.

1470(2)   [ Product Disclosure Statements]  

The amendments made by Part 2 of Schedule 7 to the amending Act apply to a Product Disclosure Statement that is required to be given on or after the day on which this Act receives the Royal Assent.

1470(3)   [ Offer of debentures]  

The amendment made by items 10 and 11 of Schedule 7 to the amending Act applies to an offer of debentures that is made on or after the day on which this Act receives the Royal Assent.

1470(4)   [ Secondary sale offers - securities]  

Section 708A applies to an offer of securities for sale that is made on or after the day on which this Act receives the Royal Assent.

1470(5)   [ Secondary sale offers - other financial products]  

Section 1012DA applies to:


(a) a recommendation situation if the relevant conduct (within the meaning of subsection 1012A(2) ); and


(b) a sale situation if the relevant conduct (within the meaning of subsection 1012C(2) );

occurs on or after the day on which this Act receives the Royal Assent.


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