Corporations Act 2001
CCH note - modifying legislative instruments: The application of Pt 6D.2 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669 (as amended by ASIC Corporations (Amendment) Instrument 2024/554).
For legislative instruments or class orders before 1 January 2022 that affect the application of Pt 6D.2, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
CCH Note: Division 4 is modified by the ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668; and the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
CCH Note: Section 712 is modified by the ASIC Corporations (Investor Directed Portfolio Services Provided Through a Registered Managed Investment Scheme) Instrument 2023/668; and the ASIC Corporations (Investor Directed Portfolio Services) Instrument 2023/669.
Prospectus may simply refer to material lodged with ASIC
712(1)
Instead of setting out information that is contained in a document that has been lodged with ASIC, a prospectus may simply refer to the document. The reference must: (a) identify the document or the part of the document that contains the information; and (b) inform people of their right to obtain a copy of the document (or part) under subsection (5) .
[ CCH Note 1: S 712(1) will be amended by No 69 of 2020, s 3, Sch 1[1071] and [ 1072], by substituting " held by the Registrar " for " lodged with ASIC " in the heading and " is covered by subsection (1A) " for " has been lodged with ASIC " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
[ CCH Note 2: S 712(1A) will be inserted by No 69 of 2020, s 3, Sch 1[1073] (effective 1 July 2026 or a day or days to be fixed by Proclamation). S 712(1A) will read:
712(1A)
This subsection covers a document that:
(a) is held by the Registrar (including a document that was lodged with ASIC); and
(b) may be accessed by the public in accordance with the disclosure framework.]
712(2)
The reference must also include: (a) if the information is primarily of interest to professional analysts or advisers or investors with similar specialist information needs:
(i) a description of the contents of the document (or part); and
(b) in any other case - sufficient information about the contents of the document to allow a person to whom the offer is made to decide whether to obtain a copy of the document (or part).
(ii) a statement to the effect that the information in the document (or part) is primarily of interest to those people; or
712(3)
The document (or part) referred to under subsection (1) is taken to be included in the prospectus.
712(4)
A person who wishes to take advantage of subsection (1) may lodge a document with ASIC even if this Act does not require the document to be lodged.
[ CCH Note: S 712(4) will be amended by No 69 of 2020, s 3, Sch 1[1074] and [ 1075], by substituting " the Registrar " for " ASIC " and inserting " However, the document must satisfy paragraph (1A)(b) and meet any requirements of the data standards. " at the end of subsection, (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
712(5)
If the prospectus is taken to include a document, or part of a document, under subsection (1) , the person making the offer must give a copy of the document (or part) free of charge to anyone who asks for it during the application period of the prospectus.
Section does not apply to 2-part simple corporate bonds prospectus
712(6)
This section does not apply to a 2-part simple corporate bonds prospectus.
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.