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Disclosure document
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Type
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Sections
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1
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prospectus The standard
full-disclosure document.
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content [710, 711, 713] procedure
[717] liability [728 and 729] defences [731,
733]
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2
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short form prospectus May be
used for any offer. Section 712 allows a prospectus to refer
to material lodged with ASIC instead of setting it out. Investors are entitled
to a copy of this material if they ask for it.
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content [712]
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3
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profile statement Section 721
allows a brief profile statement (rather than the prospectus) to be sent out
with offers with ASIC approval. The prospectus must still be prepared and
lodged with ASIC. Investors are entitled to a copy of the prospectus if they
ask for it.
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content [714] procedure [717]
liability [728 and 729] defences [732, 733]
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4
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offer information statement
Section 709 allows an offer information statement to be used instead of a
prospectus for an offer to issue securities if the amount raised from issues
of securities is $5 million or less.
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content [715] procedure [717]
liability [728 and 729] defences [732, 733]
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