CORPORATIONS ACT 2001 - SECT 738ZF Offering securities of a company that does not exist
CORPORATIONS ACT 2001 - SECT 738ZF
Offering securities of a company that does not existA person must not make an offer that:
(a) is expressed to be made under this Part; and
(b) relates to a company that has not been formed or does not exist.
Note: Failure to comply with this section is an offence (see subsection
1311(1)).