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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 1081
Prohibition on hawking securities of proposed corporation
1081. A person shall not, whether by appointment or otherwise, go from place
to place:
(a) inviting invitations to subscribe for or buy securities of a
corporation that is proposed to be formed; or
(b) offering securities of a corporation that is proposed to be formed for
subscription or purchase.
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