Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 703A

Operating a clearing and settlement facility is not offering securities etc.

                   Nothing that the operator of a clearing and settlement facility (within the meaning of Chapter 7) does in the course of, or in connection with, providing facilities for the settlement of transactions constitutes, for the purposes of this Chapter:

                     (a)  an offer of securities for subscription or purchase; or

                     (b)  an invitation to subscribe for or buy securities.


 


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