Statute
Section 703A — Corporations Act 2001: Operating a clearing and settlement facility is not offering securities etc.
Text of the provision Official document
Nothing that the operator of a clearing and settlement facility does in the course of, or in connection with, providing facilities for the settlement of transactions constitutes, for the purposes of this Chapter: (a) an offer of securities for subscription or purchase; or (b) an invitation to subscribe for or buy securities.
Official source: Federal Register of Legislation
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