Section 703A — Corporations Act 2001 (Cth)

Operating a clearing and settlement facility is not offering securities etc.

Nothing that the operator of a clearing and settlement facility does in the course of, or in connection with, providing facilities for the settlement of transactions constitutes, for the purposes of this Chapter:

(a) an offer of securities for subscription or purchase; or

(b) an invitation to subscribe for or buy securities.

Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.

Related sections

s 700 — Coverage of the fundraising rules
s 702 — Treatment of offers of options over securities
s 703 — Chapter may not be contracted out of
s 703B — Part generally does not apply in relation to CSF offers
s 704 — When disclosure to investors is needed
s 705 — Types of disclosure document

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