Section 1013I — Corporations Act 2001 (Cth)

(1) This section applies to a Product Disclosure Statement that relates to managed investment products that are ED securities.

(2) The Product Disclosure Statement must include a statement that:

(a) as a disclosing entity, the scheme is subject to regular reporting and disclosure obligations; and

(b) copies of documents lodged with ASIC in relation to the scheme may be obtained from, or inspected at, an ASIC office.

(3) The Product Disclosure Statement must either:

(a) inform people of their right to obtain a copy of the following documents:

(i) the annual financial report most recently lodged with ASIC by the scheme;

(ia) if the scheme has lodged with ASIC a sustainability report—the most recently lodged sustainability report;

(ii) any half‑year financial report lodged with ASIC by the scheme after the lodgment of that annual financial report and before the date of the Product Disclosure Statement;

(iii) any continuous disclosure notices given by the scheme after the lodgment of that annual report and before the date of the Product Disclosure Statement; or

(b) include, or be accompanied by, a copy of the relevant document or documents.

(4) If:

(a) the Product Disclosure Statement informs people of their right to obtain a copy of a document referred to in subsection (3); and

(b) a person asks the issuer (in the case of an issue Statement) or the seller (in the case of a sale Statement) for a copy of the document;

the issuer or seller must give (see subsection (5)) the person a copy of the document free of charge as soon as practicable, and in any event within 5 days, after receiving the person’s request.

Note: Failure to comply with this subsection is an offence (see subsection 1311(1)).

(5) In subsection (4), give means give in a way that would satisfy the requirements of section 1015C if the copy of the document were a Statement to which that section applied.

Related sections

• s 1013G — Product Disclosure Statement must be dated
• s 1013GA — Extra requirements if Product Disclosure Statement relates to foreign passport fund products
• s 1013H — Requirements if Product Disclosure Statement states or implies that financial product will be able to be traded
• s 1013IA — Extra requirements if Product Disclosure Statement relates to foreign passport fund products that are ED securities
• s 1013J — Requirements if Statement has been lodged with ASIC
• s 1013K — Requirements relating to consents to certain statements

Research how courts apply s 1013I

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