CORPORATIONS ACT 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.2 - DISCLOSURE TO INVESTORS ABOUT SECURITIES (OTHER THAN FOR CSF OFFERS)  

Division 4 - Disclosure requirements  

SECTION 712   PROSPECTUS CONTENT - SHORT FORM PROSPECTUSES  

712(1)   Prospectus may simply refer to material lodged with ASIC.  

Instead of setting out information that is contained in a document that has been lodged with ASIC, a prospectus may simply refer to the document. The reference must:


(a) identify the document or the part of the document that contains the information; and


(b) inform people of their right to obtain a copy of the document (or part) under subsection (5).

712(2)  
The reference must also include:


(a) if the information is primarily of interest to professional analysts or advisers or investors with similar specialist information needs:


(i) a description of the contents of the document (or part); and

(ii) a statement to the effect that the information in the document (or part) is primarily of interest to those people; or


(b) in any other case - sufficient information about the contents of the document to allow a person to whom the offer is made to decide whether to obtain a copy of the document (or part).

712(3)  
The document (or part) referred to under subsection (1) is taken to be included in the prospectus.

712(4)  
A person who wishes to take advantage of subsection (1) may lodge a document with ASIC even if this Act does not require the document to be lodged.

712(5)  
If the prospectus is taken to include a document, or part of a document, under subsection (1), the person making the offer must give a copy of the document (or part) free of charge to anyone who asks for it during the application period of the prospectus. Section does not apply to 2-part simple corporate bonds prospectus

712(6)  


This section does not apply to a 2-part simple corporate bonds prospectus.

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