Corporations Amendment (Crowd-sourced Funding) Act 2017 (17 of 2017)

Schedule 1   Main amendments

Part 1   Amendment of the Corporations Act 2001

Corporations Act 2001

12   Before Division 1 of Part 6D.3

Insert:

Division 1A - Introduction

725A Part generally does not apply in relation to CSF offers

Part 6D.3A (Crowd-sourced funding) contains a separate regime for the making of CSF offers. The provisions in this Part do not apply in relation to CSF offers, except as expressly provided in this Part or in Part 6D.3A.

Note: The fact that a company makes a CSF offer of securities does not prevent the company from also making an offer of securities of the same class in reliance on a provision of section 708 (see section 738E).