Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p142
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 142/212)
Character Range: 374003–376737

apply in relation to:

  (a) an offer to which section 1030 relates; or

     (b) an invitation that, because of subsection 1030 (7), is taken to be such an offer.".

Subsection 1022 (2):

  Omit the subsection, substitute:

"(2) The information to be included by virtue of this section is such of the information mentioned in subsection (1) as is known to:

     (a) any person referred to in any of paragraphs 1006 (2) (b) to (h), inclusive; or

  (b) any person who authorised or caused the issue of the prospectus;

or such of the information so mentioned as it would be reasonable for such a person to obtain by making inquiries.".

Subsection 1024 (3):

Add at the end "or a person who authorised or caused the issue of the prospectus".

Subsection 1024 (4):

  Omit the subsection, substitute:

"(4) A person (other than the person who lodged the prospectus) who:

  (a) is referred to in subsection 1006 (2); or

  (b) authorised or caused the issue of the prospectus;

and is aware of the change or new matter, must give notice of the change or new matter to the person who lodged the prospectus.".

Section 1034:

  Repeal the section, substitute:

Transitional

"1034. (1) Where a copy of a prospectus in relation to securities of a corporation was registered by the NCSC within 6 months before the commencement of this Part for the purposes of a corresponding previous

SCHEDULE 3—continued

law of this jurisdiction, the copy is taken to be a prospectus in relation to those securities:

     (a) lodged with the Commission on the commencement of this Part for the purposes of this Part; and

     (b) in the case of a registrable prospectus—registered by the Commission on the commencement of this Part.

"(2) Where the NCSC has exercised its power under a previous law of this jurisdiction that corresponds to section 1084 to extend the period during which securities may be allotted or issued pursuant to a prospectus, subsection (1) applies in relation to the prospectus as if the reference to 6 months were a reference to the period so extended.

"(3) Nothing in this section operates to alter the date of issue of the prospectus for the purposes of this Law.

"(4) The regulations may make provision about the application, to a prospectus to which subsection (1) applies, of:

     (a) the provisions of this Law (other than the applied provisions); and

     (b) the provisions of previous corresponding laws of this jurisdiction.

"(5) The regulations that may be made under subsection (4) include, but are not limited to, regulations providing that a specified provision of this Law or a corresponding previous law of this jurisdiction applies, in relation to prospectuses, subject to modifications specified in