Sale offers that need disclosure
10.2.51 Sale offers that need disclosure
For section 1444 of the Act:
section 707 of the old Corporations Act applies in relation to managed investment products:
issued before the FSR commencement; and
sold during the transitional period in relation to the products; and
section 707 of the Act applies in relation to managed investment products:
issued on or after the FSR commencement; and
sold during the transitional period in relation to the products; and
section 1012C of the Act does not apply in relation to a financial product that is issued before the end of the transition period in relation to the financial product, other than:
a security that is not also a warrant; and
a managed investment product that is not also a warrant.
This Act’s bill:Explanatory statement
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