CORPORATIONS ACT 2001 - SECT 1013H Requirements if Product Disclosure Statement states or implies that financial product will be able to be traded

CORPORATIONS ACT 2001 - SECT 1013H

    If a Product Disclosure Statement states or implies that the financial product will be able to be traded on a financial market (whether in Australia or elsewhere), the Statement must state that:

  (a)   the product is able to be traded on that market; or

  (b)   an application has been made to the operator of that market for the taking of such action as is necessary to enable the product to be traded on that market; or

  (c)   an application of a kind referred to in paragraph   (b) will be made to the operator of that market within 7 days after the date of the Statement.