Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_6
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 6
Character Range: 452959–453757

6                                     a person who contravenes, or is involved in the contravention of, subsection 728(1)                                                 that contravention

Note: Item 2—director includes a shadow director (see section 9).

 (2) A person who acquires securities as a result of an offer that was accompanied by a profile statement is taken to have acquired the securities in reliance on both the profile statement and the prospectus for the offer.

 (3) An action under subsection (1) may begin at any time within 6 years after the day on which the cause of action arose.

 (4) This Part does not affect any liability that a person has under any other law.

Note: Conduct that contravenes subsection 728(1) is expressly excluded from the operation of section 995.