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 2 - MODIFICATION OF PART 7.9 OF THE ACT - DISCLOSURE TO INVESTORS NOT REQUIRED FOR RECOGNISED OFFER UNDER CHAPTER 8  

SECTION 2.1  

2.1    
After subsection 1012C(6)

insert

(6A)
Subsection (6) does not apply to an offer of a financial product for sale if the issuer issued the financial product as part of a recognised offer under Chapter 8 .

(6B)
Subsection (6) does not apply to an offer of a financial product for sale if:

(a) the financial product was issued by reason of the exercise of an option or the conversion of another convertible or converting security; and

(b) the option or convertible or converting security was 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 a further offer.