Corporations Amendment (Crowd-sourced Funding for Proprietary Companies) Act 2018 (106 of 2018)
Schedule 1 Amendments
Part 1 Main amendments
Corporations Act 2001
14 At the end of subsection 254X(1) (before the notes)
Add:
; and (f) if the company is a proprietary company and the shares are issued pursuant to a CSF offer - that the company has one or more CSF shareholders as a result of the issuing of the shares.