Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1065

1065. (1) A person shall not issue, offer for subscription or purchase, or
issue invitations to subscribe for or buy, any prescribed interest made
available by a corporation unless, at the time of the issue, offer or
invitation, there is in force, in relation to the interest, a deed that is an
approved deed.

(2) Where a deed would, but for this subsection, have ceased to be an approved
deed for the purposes of this Division because there is no trustee or
representative for the purposes of the deed or the approval of the trustee or
representative has been revoked or because of any other circumstance relating
to the trustee or representative, the Commission may, despite section 1066,
direct that the deed is to continue to be an approved deed for such period and
for such purposes as the Commission directs and, upon the giving of such a
direction, the deed continues to be an approved deed accordingly.

(3) A person shall not, in any deed, prospectus, statement, advertisement or
other document relating to a prescribed interest made available by a
corporation, make any reference to an approval of a deed, or an approval of a
trustee or representative, granted under this Division or a corresponding law.