THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW

THE CORPORATIONS LAW   82 

The Corporations Law is as follows:...

CHAPTER 6D - FUNDRAISING

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History

Chapter 6D inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).

PART 6D.3 - PROHIBITIONS, LIABILITIES AND REMEDIES

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History

Part 6D.3 inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).

Division 1 - Prohibitions and liabilities

SECTION 726   OFFERING SECURITIES IN A BODY THAT DOES NOT EXIST  

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726     A person must not offer securities of:

(a)  a body that has not been formed or does not exist; or

(b)  a managed investment scheme that needs to be, or will need to be, registered and that has not been registered;

if the offer would need disclosure to investors under Part 6D.2 if the body or scheme did exist or had been registered. This is so even if it is proposed to form, incorporate or register the body or scheme.

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History

S 726 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

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