THE CORPORATIONS LAW
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82 The Corporations Law is as follows:...
CHAPTER 6D - FUNDRAISING
View history note
Hide history notePART 6D.2 - DISCLOSURE TO INVESTORS ABOUT SECURITIES
Division 5 - Procedure for offering securities
SECTION 720 CONSENTS NEEDED FOR LODGMENT [Consents for issue offers. ] 720 The lodgment of a disclosure document, or a supplementary or replacement document, for the offer of a body's securities requires the consent of:--------------------------------------------------------
Consents required for lodgment [operative]
--------------------------------------------------------
Type of offer People whose consent is
required
--------------------------------------------------------
Issue offers
1 offer of securities for every director of the body
issue
every person named in the
document as a proposed
director of the body
if securities interests in
a managed investment
scheme made available by
a body -- every director
of that body
if securities interests in
a managed investment
scheme made available by
an individual -- that
individual
--------------------------------------------------------
sale offers (sale by
controller)
2 offer of securities for if seller an individual --
sale that needs a that individual
disclosure document
because of subsection if seller a body -- every
707(2) director of the body
--------------------------------------------------------
sale offers (sale
amounting to indirect
issue)
3 offer of securities for every director of the body
sale that needs a whose securities are
disclosure document offered for sale
because of subsection
707(3) if seller an individual --
that individual
if seller a body -- every
director of the body
--------------------------------------------------------
sale offers (sale
amounting to indirect
sale by controller)
4 offer of securities for if seller an individual --
sale that needs a that individual
disclosure document
because of subsection if seller a body -- every
707(5) director of the body
if individual controls the
body whose securities are
offered for sale -- that
individual
if body controls the body
whose securities are
offered for sale -- every
director of the
controlling body
--------------------------------------------------------
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.
