(1) The provisions listed in the table do not apply, in relation to a recognised offer, to the things specified in the table for those provisions.
Note: Recognised offers must comply with Division 3 instead.
Provisions that do not apply in relation to a recognised offer | ||
Item | These provisions: | do not apply, in relation to the offer, to: |
1 | Chapter 2L | if the recognised offer is an offer of debentures--the offeror. |
2 | Chapter 5C | if the recognised offer is an offer of interests in a managed investment scheme--the operator of the managed investment scheme. |
3 | Chapter 6D | (a) the recognised offer; or (b) the offeror of the recognised offer; or |
4 | Parts 7.6, 7.7 and 7.8, other than section 992A | (a) the issue or disposal of a security under the recognised offer; or (b) general advice contained in any offer document for the offer; or (c) general advice contained in an advertisement for the recognised offer issued by, or on behalf of, the offeror; or (d) the provision of a custodial or depository service in relation to interests in a managed investment scheme that are the subject of the recognised offer. |
5 | Part 7.9, other than sections 1020AB, 1020AC, 1020AD and 1020B | the offeror of the recognised offer. |
(2) Despite subsection (1), the regulations may:
(a) apply a provision listed in the table in subsection (1) to a person or class of persons; or
(b) apply a provision listed in the table in subsection (1) to a security or class of securities; or
(c) provide that a provision listed in the table in subsection (1) applies with the modifications specified in the regulations.