Corporate Law Economic Reform Program (Audit Reform and Corporate Disclosure) Act 2004 (103 of 2004)
Schedule 7 Disclosure rules
Part 3 Exemptions from disclosure requirements
Corporations Act 2001
25 At the end of section 1021C
Add:
Circumstances in which a person is taken not to contravene this section
(5) If:
(a) a person does not give another person a Product Disclosure Statement for a financial product because of section 1012DA; and
(b) a notice was given under subsection 1012DA(5); and
(c) the notice purported to comply with subsection 1012DA(6) but did not actually comply with that subsection;
the person is taken not to contravene this section.