Section 1015E — Corporations Act 2001 (Cth)

(1) A regulated person must not, in purported compliance with a provision of this Part, give a person a Statement that has been altered (otherwise than pursuant to paragraph (b)) after the date of the Statement if either or both of the following paragraphs applies:

(a) the alteration was not made by, or with the authority of, the issuer or seller, as the case requires, of the financial products;

(b) the alteration is a material alteration and the date of the Statement has not been changed to:

(i) if a copy of the altered Statement has been lodged with ASIC (see subsection (2))—the date on which it was so lodged; or

(ii) in any other case—the date on which the alteration was made.

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

(2) If the alteration is a material alteration to a Statement that has been lodged with ASIC under section 1015B, that section applies to the altered Statement as if it were a new Statement.

Related sections

• s 1015B — Some Statements must be lodged with ASIC
• s 1015C — How a Statement is to be given
• s 1015D — Notice, retention and access requirements for Statement that does not need to be lodged
• s 1016A — Provisions relating to use of application forms
• s 1016B — If Statement lodged with ASIC, financial product is not to be issued or sold before specified period
• s 1016C — Minimum subscription condition must be fulfilled before issue or sale

Research how courts apply s 1015E

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