Document ID: chunk:federal_register_of_legislation:C2004A01334:clause:7_3
Version: federal_register_of_legislation:C2004A01334
Segment Type: clause
Provision Reference: sch 7 cl 3
Character Range: 367944–368500

3  Subsection 739(1)
Repeal the subsection, substitute:

 (1) If ASIC is satisfied that:
 (a) information in a disclosure document lodged with ASIC is not worded and presented in a clear, concise and effective manner (see section 715A); or
 (b) an offer of securities under a disclosure document lodged with ASIC would contravene section 728;
ASIC may order that no offers, issues, sales or transfers of the securities be made while the order is in force.

Part 2—Product Disclosure Statements for continuously quoted securities

Corporations Act 2001