Document ID: chunk:federal_register_of_legislation:C2017A00017:clause:1_738za:p2
Version: federal_register_of_legislation:C2017A00017
Segment Type: clause
Provision Reference: sch 1 cl 738ZA (pt 2/2)
Character Range: 47321–48920

the company making the CSF offer, or a related party of the company; or
 (b) the responsible intermediary, or an associate of the intermediary;
the person must clearly disclose that fact in the post that they make.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).
 (7) The regulations may make provision in relation to the operation, management or use of the communication facility.
Note: For example, regulations may prohibit, or require, the removal of material from the communication facility.

Cooling‑off rights
 (8) The responsible intermediary for a CSF offer must ensure that the following appear prominently on the offer platform at all times while the offer is open or suspended:
 (a) a statement drawing attention to the rights of persons under section 738ZD to withdraw applications;
 (b) a statement specifying a method by which a person may exercise a right under that section to withdraw an application.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

Disclosure of fees and interests
 (9) The responsible intermediary for a CSF offer must ensure that the following appear prominently on the offer platform at all times while the offer is open or suspended:
 (a) the fees the intermediary charges the company making the offer;
 (b) a disclosure of any direct or indirect pecuniary interest that the intermediary, or an associate of the intermediary, has or expects to acquire in the company or a related party of the company.
Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).