Section 1015B — Corporations Act 2001: Some Statements must be lodged with ASIC

(1) A copy of a Statement must have been lodged with ASIC in a prescribed form (in accordance with the requirements of subsection (2) for consents) before the Statement is given to a person for the purposes of a provision of this Part if: (a) the following subparagraphs apply: (i) the financial product is a managed investment product; and (ii) the Statement states or implies that the product will be able to be traded on a financial market; and (iii) the Statement meets the requirements set out in section 1013H; or (b) the financial product is a managed investment product that can be traded on a financial market; or (ba) the financial product is: (i) a managed investment product of an Australian passport fund; or (ii) a foreign passport fund product; or (c) the financial product is a financial product of a kind specified in regulations made for the purposes of this paragraph. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)). (2) The lodgment of a Statement in relation to a managed investment product with ASIC requires the consent of: (a) whether it is an issue Statement or a sale Statement: (i) if the responsible person is a body corporate—every director of the responsible person; or (ii) otherwise—the responsible person; and (b) if it is a sale Statement: (i) if the issuer of the financial product concerned is a body corporate—every director of the issuer; or (ii) otherwise—the issuer of the financial product concerned. (3) The lodgment of a Statement in relation to a foreign passport fund product with ASIC requires the consent of: (a) if the operator of the fund is a body corporate—every director of the operator; or (b) otherwise—the responsible person.