Corporations Regulations 2001

SCHEDULE 10AA - MODIFICATIONS OF THE ACT IN RELATION TO THEIR APPLICATION IN RESPECT OF A RECOGNISED OFFER OR A PROPOSED OFFER OF SECURITIES THAT MAY BECOME A RECOGNISED OFFER  

(regulation 8.4.02 )

PART 1 - MODIFICATION OF PART 6D.2 OF THE ACT - DISCLOSURE TO INVESTORS NOT REQUIRED FOR RECOGNISED OFFER UNDER CHAPTER 8  

SECTION 1.1  

1.1    
After subsection 707(3)

insert

(3A)
Subsection (3) does not apply to an offer of a body ' s securities for sale if the body issued the securities as part of a recognised offer under Chapter 8 .

(3B)
Subsection (3) does not apply to an offer of a body ' s securities for sale if:

(a) the securities were issued by reason of the exercise of options or the conversion of convertible or converting securities; and

(b) the options or other convertible or converting securities were issued as part of a recognised offer under Chapter 8 ; and

(c) the exercise of the option, or the conversion of the security, did not involve any further offer.