Commonwealth Repealed Acts

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This legislation has been repealed.

CORPORATIONS LAW
- SECT 720

Consents needed for lodgment

Consents for issue offers

The lodgment of a disclosure document, or a supplementary or replacement document, for the offer of a body's securities requires the consent of:


Consents required for lodgment


[operative]



Type of offer


People whose consent is required



1


Issue offers
offer of securities for issue



every director of the body
every person named in the document as a proposed director of the body
if securities interests in a managed investment scheme made available by a body—every director of that body
if securities interests in a managed investment scheme made available by an individual—that individual



2


sale offers (sale by controller)
offer of securities for sale that needs a disclosure document because of subsection 707(2)



if seller an individual—that individual
if seller a body—every director of the body




3


sale offers (sale amounting to indirect issue)
offer of securities for sale that needs a disclosure document because of subsection 707(3)




every director of the body whose securities are offered for sale
if seller an individual—that individual
if seller a body—every director of the body




4


sale offers (sale amounting to indirect sale by controller)
offer of securities for sale that needs a disclosure document because of subsection 707(5)




if seller an individual—that individual
if seller a body—every director of the body
if individual controls the body whose securities are offered for sale—that individual
if body controls the body whose securities are offered for sale—every director of the controlling body




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