Document ID: chunk:federal_register_of_legislation:F2022C01167:body:0:p2
Version: federal_register_of_legislation:F2022C01167
Segment Type: other
Provision Reference: 
Character Range: 2716–4605

doubt, a person does not have to comply with subsection 727(3) of the Act in relation to an offer of securities if, at the time of lodgment of the disclosure document, the securities are in a class of securities that are quoted on a prescribed financial market.

7 Options to acquire quoted securities

A person does not have to comply with subsection 727(3) of the Act in relation to an offer of options to acquire securities if, at the time of lodgment of the disclosure document for the options, the underlying securities are in a class of securities that are quoted on a prescribed financial market.

8 Products that are able to be traded on a market
(1) To avoid doubt, a responsible person does not have to comply with subsection 1016B(1) of the Act in relation to an application made in response to a Product Disclosure Statement for a managed investment product (the product) or security in a retail CCIV (referable to a sub-fund) (the product) if, at the time of lodgment of the Statement, the product is in a class of products that are able to be traded on a prescribed financial market.
(2) For the purposes of this section, a class of products is not to be taken as not being able to be traded on a prescribed financial market merely because, at the time of lodgment of the Statement, trading in that class has been suspended.

Endnotes

Endnote 1—Instrument history

Instrument number  Date of FRL registration      Date of commencement  Application, saving or transitional provisions
2016/74            16/03/2016 (see F2016L00347)  17/03/2016
2022/0940          14/11/2022 (see F2022L01459)  15/11/2022            -

Endnote 2—Amendment history
ad. = added or inserted     am. = amended     LA = Legislation Act 2003    rep. = repealed     rs. = repealed and substituted
Provision affected   How affected
Section 2            rep. s48D LA
Section 8            rs. 2022/0940