Section 712 — Corporations Act 2001: Prospectus content—short form prospectuses

Prospectus may simply refer to material lodged with ASIC (1) Instead of setting out information that is contained in a document that has been lodged with ASIC, a prospectus may simply refer to the document. The reference must: (a) identify the document or the part of the document that contains the information; and (b) inform people of their right to obtain a copy of the document (or part) under subsection (5). (2) The reference must also include: (a) if the information is primarily of interest to professional analysts or advisers or investors with similar specialist information needs: (i) a description of the contents of the document (or part); and (ii) a statement to the effect that the information in the document (or part) is primarily of interest to those people; or (b) in any other case—sufficient information about the contents of the document to allow a person to whom the offer is made to decide whether to obtain a copy of the document (or part). (3) The document (or part) referred to under subsection (1) is taken to be included in the prospectus. (4) A person who wishes to take advantage of subsection (1) may lodge a document with ASIC even if this Act does not require the document to be lodged. (5) If the prospectus is taken to include a document, or part of a document, under subsection (1), the person making the offer must give a copy of the document (or part) free of charge to anyone who asks for it during the application period of the prospectus. Section does not apply to 2-part simple corporate bonds prospectus (6) This section does not apply to a 2-part simple corporate bonds prospectus.