Document ID: chunk:federal_register_of_legislation:F2016L00334:body:0:p4
Version: federal_register_of_legislation:F2016L00334
Segment Type: other
Provision Reference: 
Character Range: 7416–10287

(c) a reference to accepting an offer of securities or interests includes a reference to making an application for the securities or interests.".

6 Rights issues and related issues that do not need disclosure
    Chapter 6D of the Act applies to all persons as if section 708AA of the Act were modified or varied as follows:
       (a) in paragraph (2)(a) omit "rights issue;", substitute "rights issue or related issue;";
       (b) in paragraph (2)(f) omit "offer is made.", substitute "first offer is made under the rights issue or by any earlier time required by the market operator.";
       (c) omit paragraph (10)(a), substitute:
           "(a) a notice given under subsection (2) or (12) is defective; and";
       (d) in paragraph (10)(b) omit "within 12 months after the relevant securities are issued;", substitute "within the period commencing on the date the notice is given under paragraph (2)(f) and ending 12 months after the last issue of securities that occurs under the rights issue or any related issue;";
       (e) in subsection (11) omit "the notice under subsection (2)", substitute "a notice under subsection (2) or (12)";
       (f) omit paragraph (11)(a), substitute:
           "(a) does not comply with paragraph (2)(f) or subsection (12); or";
       (g) after subsection (11), insert:
           "(12) If, at any time in the period (the relevant period) between the date the notice was given under paragraph (2)(f) and the last issue of securities made under the rights issue or a related issue, the body becomes aware of:
              (a) any information that would be excluded information that would need to be included in the notice if the notice had been given at that time and that has not been included in the notice or otherwise provided to the relevant market operator; or
              (b) a material change to:
                  (i) the potential effect the issue of the relevant securities will have on the control of the body; or
                  (ii) the consequences of that effect,
              the body must, as soon as practicable but in any event before the end of the relevant period, give the relevant market operator a notice that sets out details of the information or material change.
           (13) In this section, related issue means, in relation to a rights issue, an offer of securities in the same class as the securities offered under the rights issue in any of the following circumstances:
              (a) all of the following are satisfied:
                  (i) either:
                     (A)  the securities had first been offered to, but not accepted by, a person under the rights issue; or
                     (B) the offer is made on the condition that the securities to which the offer relates may only be issued to the person where an offer of the securities has first been made to, but not