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CORPORATIONS ACT 2001 - SECT 738P CSF offer document to be removed from offer platform if offer closes in certain circumstances

CORPORATIONS ACT 2001 - SECT 738P

CSF offer document to be removed from offer platform if offer closes in certain circumstances

  (1)   If a CSF offer is closed otherwise than because of paragraph   738N(4)(a), (b) or (c), the responsible intermediary must remove the CSF offer document from the offer platform.

Note 1:   Failure to comply with this subsection is an offence (see subsection   1311(1)).

Note 2:   For removal of the CSF offer document for a CSF offer if the offer is suspended, see subsection   738X(2).

  (2)   If a CSF offer is closed because of paragraph   738N(4)(a), (b) or (c), the responsible intermediary may (but is not required to) remove the CSF offer document from the offer platform.

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