Section 1020AD — Corporations Act 2001: Public disclosure of information

(1) Subsection (2) applies if: (a) any of the following apply, in relation to a sale of section 1020B products on a licensed market: (i) the seller mentioned in subparagraph 1020AB(1)(a)(ii) gives information to the operator of a licensed market (or to another entity) in accordance with section 1020AB; (ii) the financial services licensee mentioned in paragraph 1020AC(1)(a) gives information to the operator of a licensed market (or to another entity) in accordance with section 1020AC; (iii) if regulations for the purposes of subparagraph 1020AB(4)(a)(ii) provide that the entity to which information is to be given in accordance with section 1020AB is the operator of a licensed market (or another entity)—the seller mentioned in subparagraph 1020AB(1)(a)(i) gives information to the operator (or other entity) in accordance with that section; and (b) the following requirements are satisfied (if applicable): (i) if regulations made for the purposes of this subparagraph specify a kind of section 1020B product—the section 1020B products are of that kind; (ii) if regulations made for the purposes of this subparagraph specify a kind of section 1020B product—the section 1020B products are not of that kind; (iii) if regulations made for the purposes of this subparagraph specify circumstances in which the sale is made—the sale is made in those circumstances. Offence (2) The operator (or the other entity) must: (a) make a public disclosure of particulars specified in the regulations in relation to the information mentioned in paragraph (1)(a); and (b) do so: (i) on or before the time specified in the regulations; and (ii) in the manner specified in the regulations. Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).