Section 704 — Corporations Act 2001: When disclosure to investors is needed

Sections 706, 707, 708, 708AA and 708A say when an offer of securities, other than a CSF offer, needs disclosure to investors under this Part. Note 1: Section 727 prohibits offering securities without disclosure. Note 2: If the offer needs disclosure, section 734 applies advertising restrictions. These continue throughout the whole offer process. Different restrictions apply before and after the disclosure document is lodged. Note 3: The way the offers are made to people must not breach the securities hawking prohibition in section 736.