CORPORATIONS ACT 2001 - SECT 1011C Treatment of offers of options over financial products

CORPORATIONS ACT 2001 - SECT 1011C

    For the purposes of this Division:

  (a)   an offer of an option over a financial product is not to be taken to be an offer of the underlying financial product; and

  (b)   the grant of an option without an offer of the option is taken to be an offer of the option; and

  (c)   an offer to grant an option is taken to be an offer to issue the financial product constituted by the option.