Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 27 - Transitional matters under the Act (other than Chapter 7)  

REGULATION 10.2.131   SALE OFFERS THAT NEED DISCLOSURE: SECURITIES ISSUED BEFORE FSR COMMENCEMENT  

10.2.131(1)   [ Application]  

For section 1444 of the Act, this regulation applies if:

(a) securities (other than managed investment products) are sold on or after the FSR commencement; and

(b) the securities were issued before the FSR commencement.

10.2.131(2)   [ Continued application of previous provisions]  

Section 707 of the old Corporations Act, and any associated provisions, continue to apply in relation to the securities.

10.2.131(3)   [ Exemption]  

Section 707 of the Act does not apply in relation to the securities.