Document ID: chunk:federal_register_of_legislation:C2025C00185:section:739:p2
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 739 (pt 2/2)
Character Range: 2896846–2898522

no offers, issues, sales or transfers of the securities be made while the interim order is in force. The interim order lasts until:
 (a) ASIC makes an order under subsection (1A) after the conclusion of the hearing; or
 (b) the interim order is revoked;
whichever happens first.
 (5) An order under subsection (1A), (3) or (4) must be in writing and must be served on the person who is ordered not to offer, issue, sell or transfer securities under the disclosure document.

Defective advertisements or statements
 (6) For the purposes of this section, an advertisement or publication of a kind referred to in subsection 734(5) or (6), or 738ZG(6), is defective if:
 (a) there is a misleading or deceptive statement in the advertisement or publication; or
 (b) there is an omission from the advertisement or publication of material required by the relevant subsection to be included in the advertisement or publication; or
 (c) in the case of an advertisement or publication of a kind referred to in subsection 734(5) that relates to an offer of securities in a class that is not already quoted, and is published before a disclosure document in relation to the offer is lodged—the advertisement or publication includes material that is not referred to in paragraph 734(5)(b).

Forecasts and other forward‑looking statements
 (7) For the purposes of the definition of defective in subsection (6), a person is taken to make a misleading statement about a future matter (including the doing of, or refusing to do, an act) if they do not have reasonable grounds for making the statement.
 (8) Subsection (7) does not limit the circumstances in which a statement may be misleading.