Corporations Regulations 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE AND SALE OF FINANCIAL PRODUCTS  

Division 2D - Preparation and content of Product Disclosure Statements  

REGULATION 7.9.07K  

7.9.07K   DEFINITION OF DEFECTIVE : PRODUCT DISCLOSURE STATEMENT, SHORT-FORM PDS OR REPLACEMENT PRODUCT DISCLOSURE STATEMENT  


For paragraph 1020G(1)(c) of the Act, Part 7.9 of the Act applies as if section 1022A of the Act were varied by omitting paragraph (b) of the definition of defective in subsection (1) and the following paragraph were inserted:

" (b) if it is a Product Disclosure Statement, a Short-Form PDS or a Replacement Product Disclosure Statement - either:

(i) it is not prepared in accordance with section 1013A ; or

(ii) there is an omission from the Product Disclosure Statement, Short-Form PDS or Replacement Product Disclosure Statement of material required by section 1013C , other than material required by section 1013B or 1013G ; or " .

 

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