Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 4   Miscellaneous and technical amendments

Part 1   Amendments commencing day after Royal Assent

Division 19   Disclosure documents for offers in a MIS

Corporations Act 2001

94   Subsection 708(13)

Repeal the subsection, substitute:

Certain offers to present holder of securities

(13) An offer of securities for issue does not need disclosure to investors under this Part if it is an offer of fully-paid shares in a body to one or more existing holders of shares in the body under a dividend reinvestment plan or bonus share plan.