Corporations Act 2001
View history note
Hide history noteSecurities (except debentures or managed investment products) in a class of securities of a body are ED securities if: (a) a disclosure document in relation to securities in that class has been lodged with ASIC under Chapter 6D ; and (b) securities in that class have been issued pursuant to the disclosure document; and (c) after an issue of securities in that class pursuant to the disclosure document, 100 or more persons held securities in that class; and (d) securities in that class have been held by 100 or more persons at all times since the issue of securities referred to in paragraph (c).
[ CCH Note: S 111AF(1) will be amended by No 69 of 2020, s 3, Sch 1[386], by omitting " with ASIC " in para (a) (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
111AF(2)
Securities (except debentures and managed investment products) in a class of securities of a body are ED securities if securities in that class have been issued under a recognised offer and the offeror ' s records indicate that 100 or more people who reside in this jurisdiction have held securities in that class (whether or not as a result of the recognised offer) at all times since the issue.
111AF(3)
Securities (except debentures) in a class of securities of a CCIV are ED securities if 100 or more people hold securities in that class as a result of offers that gave rise to obligations to give Product Disclosure Statements (whether or not all in the same terms) under Chapter 7 (as that Chapter applies to those securities under Division 4 of Part 8B.7 ).
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