Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Act 2018 (106 of 2018)

Schedule 1   Amendments

Part 1   Main amendments

Corporations Act 2001

1   Section 9

Insert:

CSF audit threshold means:

(a) unless paragraph (b) applies - $3 million; or

(b) any amount prescribed by the regulations for the purposes of this paragraph.

CSF shareholder , of a proprietary company, means an entity that holds one or more securities of the company due to being issued with the securities pursuant to a CSF offer by the company.