Document ID: chunk:federal_register_of_legislation:C2008C00460:clause:1_9a:p2
Version: federal_register_of_legislation:C2008C00460
Segment Type: clause
Provision Reference: sch 1 cl 9A (pt 2/2)
Character Range: 11814–12592

offered the securities or interests; and
 (c) if the invitation to apply for, or the right to be issued with, the securities or interests is able to be assigned—the body or responsible entity:
 (i) advises each non‑resident in that place that a nominee will be appointed to sell the invitation or right that would otherwise have been offered to the non‑resident; and
 (ii) advises each non‑resident that the nominee will send the non‑resident any net proceeds from the sale of that invitation or those rights; and
 (iii) appoints a nominee in Australia to carry out the obligations referred to in subparagraphs (i) and (ii).

 (4) For the purposes of this section, a reference to an offer of securities includes a reference to an invitation to apply for the issue of securities.