Section 713E — Corporations Act 2001: Simple corporate bonds—prospectus may refer to other material lodged with ASIC
Text of the provision Official document
(1) Instead of setting out information that is contained in a document (the lodged document) that has been lodged with ASIC, a base prospectus or an offer-specific prospectus may simply refer to the lodged document. The reference must: (a) identify the lodged document or the part of the lodged document that contains the information; and (b) inform people of their right to obtain a copy of the lodged 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 lodged document (or part); and (ii) a statement to the effect that the information in the lodged document (or part) is primarily of interest to those people; or (b) in any other case—sufficient information about the contents of the lodged document to allow a person to whom the offer is made to decide whether to obtain a copy of the lodged document (or part). (3) The lodged document (or part) referred to under subsection (1) is taken to be included in the base prospectus, or the offer-specific prospectus, as the case may be. (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 base prospectus, or the offer-specific prospectus, as the case may be, is taken to include a lodged document, or part of a lodged document, under subsection (1), the person making the offer must give a copy of the lodged document (or part) free of charge to anyone who asks for it during: (a) in the case of a base prospectus—the covered period for the base prospectus (within the meaning of section 713C); or (b) in the case of an offer-specific prospectus—the application period for the offer-specific prospectus.
Official source: Federal Register of Legislation
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