CORPORATIONS ACT 2001 - SECT 718 Lodging of disclosure document

CORPORATIONS ACT 2001 - SECT 718

  (1)   A disclosure document to be used for an offer of securities must be lodged with ASIC.

Note 1:   Subsection   727(3) makes it an offence to process applications for non - quoted securities under an offer that needs a disclosure document until 7 days after the disclosure document is lodged.

Note 2:   See section   720 for the consents that need to be obtained before lodgment.

Note 3:   Section   351 says what signatures are necessary for documents that are to be lodged with ASIC.

  (2)   This section does not apply to a 2 - part simple corporate bonds prospectus.

Note:   See section   713B (2 - part simple corporate bonds prospectus).