Corporations Regulations 2001

CHAPTER 10 - REPEALS, TRANSITIONAL MATTERS AND APPLICATION PROVISIONS  

PART 10.2 - TRANSITIONAL ARRANGEMENTS RELATING TO FINANCIAL SERVICES REFORM LEGISLATION  

Division 15 - Other provisions relating to conduct etc  

REGULATION 10.2.52   OFFERS THAT DO NOT NEED DISCLOSURE: SMALL SCALE OFFERINGS  

10.2.52(1)   [ Application]  

For section 1444 of the Act, this regulation applies in relation to managed investment products:


(a) issued or sold before the end of the transition period in relation to the managed investment products; and


(b) for which:


(i) a disclosure document under Chapter 6D of the old Corporations Act was not required because of the operation of section 708 of the old Corporations Act (other than subsection 708(1)); or

(ii) a disclosure document was lodged with ASIC under Chapter 6D of the old Corporations Act.

10.2.52(2)   [ Interpretation]  

A reference in subsection 1012E(8) of the Act to issues and sales that should be disregarded includes issues or sales of the managed investment products.


 

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