CORPORATIONS ACT 2001
CHAPTER 6D
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FUNDRAISING
PART 6D.1
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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 (within the meaning of Chapter 7 ) 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.
Nothing that the operator of a clearing and settlement facility (within the meaning of Chapter 7 ) 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.
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