Section 738T — Corporations Act 2001: Withdrawal of applications made pursuant to CSF offer

A person who has made an application pursuant to a CSF offer may withdraw the application: (a) as permitted by section 738X (responsible intermediary’s obligations on becoming aware that CSF offer document is defective) or 738ZD (cooling-off rights for retail clients); or (b) in any other circumstances allowed by the responsible intermediary, and in accordance with any requirements of the intermediary for withdrawal in those circumstances. Note: If an applicant withdraws their application, the responsible intermediary must return the application money (see section 738ZB).