Corporations Act 2001
CHAPTER 6D
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FUNDRAISING
PART 6D.3
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PROHIBITIONS, LIABILITIES AND REMEDIES (OTHER THAN FOR CSF OFFERS)
A person must not offer securities of a body that has not been formed or does not exist if the offer would need disclosure to investors under Part 6D.2 if the body did exist. This is so even if it is proposed to form or incorporate the body.
Division 1
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Prohibitions and liabilities
SECTION 726
726
OFFERING SECURITIES IN A BODY THAT DOES NOT EXIST
A person must not offer securities of a body that has not been formed or does not exist if the offer would need disclosure to investors under Part 6D.2 if the body did exist. This is so even if it is proposed to form or incorporate the body.
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