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CORPORATIONS ACT 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.2 - DISCLOSURE TO INVESTORS ABOUT SECURITIES (OTHER THAN FOR CSF OFFERS)  

Division 5 - Procedure for offering securities  

SECTION 720  

720  CONSENTS NEEDED FOR LODGMENT  

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The lodgment of a disclosure document, or a supplementary or replacement document, for the offer of a body's securities requires the consent of:
Consents required for lodgment[operative]
 Type of offerPeople whose consent is required
 Issue offers 
1offer of securities for issue (other than an offer of simple corporate bonds under a 2-part simple corporate bonds prospectus)every director of the body
  every person named in the document as a proposed director of the body
  if securities interests in a managed investment scheme made available by a body - every director of that body
  if securities interests in a managed investment scheme made available by an individual - that individual
 Simple corporate bonds issue offers 
1Aoffer of simple corporate bonds under a 2-part simple corporate bonds prospectusevery director of the body
  every person named in the document as a proposed director of the body
  if simple corporate bonds in a managed investment scheme made available by a body - every director of that body
  if simple corporate bonds in a managed investment scheme made available by an individual - that individual
 sale offers (sale by controller) 
2offer of securities for sale that needs a disclosure document because of subsection 707(2)if seller an individual - that individual
if seller a body - every director of the body
 sale offers (sale amounting to indirect issue) 
3offer of securities for sale that needs a disclosure document because of subsection 707(3)every director of the body whose securities are offered for sale
if seller an individual - that individual
if seller a body - every director of the body
 sale offers (sale amounting to indirect sale by controller) 
4offer of securities for sale that needs a disclosure document because of subsection 707(5)if seller an individual - that individual
if seller a body - every director of the body
if individual controls the body whose securities are offered for sale - that individual
if body controls the body whose securities are offered for sale - every director of the controlling body


 



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