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)
Division 2
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Remedies
SECTION 738
738
SECURITIES MAY BE RETURNED AND REFUND OBTAINED
If securities are issued or transferred to a person as a result of an offer that contravenes section 736, the person may return the securities within 1 month after the issue or transfer. If they do so, they are entitled to be repaid the amount they paid for the securities.
View history note
Hide history noteIf securities are issued or transferred to a person as a result of an offer that contravenes section 736, the person may return the securities within 1 month after the issue or transfer. If they do so, they are entitled to be repaid the amount they paid for the securities.
[ CCH Note: S 738 will be repealed by No 135 of 2020, s 3, Sch 5[1] (effective 5 October 2021).]
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