Corporations Act 2001

CHAPTER 6D - FUNDRAISING  

PART 6D.3A - CROWD-SOURCED FUNDING  

Division 3 - Making offers under this Part  

SECTION 738P   CSF OFFER DOCUMENT TO BE REMOVED FROM OFFER PLATFORM IF OFFER CLOSES IN CERTAIN CIRCUMSTANCES  

738P(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) .

738P(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.