Section 704 — Corporations Act 2001 (Cth)

Sections 706, 707, 708, 708AA and 708A say when an offer of securities, other than a CSF offer, needs disclosure to investors under this Part.

Note 1: Section 727 prohibits offering securities without disclosure.

Note 2: If the offer needs disclosure, section 734 applies advertising restrictions. These continue throughout the whole offer process. Different restrictions apply before and after the disclosure document is lodged.

Note 3: The way the offers are made to people must not breach the securities hawking prohibition in section 736.

Related sections

• s 703 — Chapter may not be contracted out of
• s 703A — Operating a clearing and settlement facility is not offering securities etc.
• s 703B — Part generally does not apply in relation to CSF offers
• s 705 — Types of disclosure document
• s 706 — Issue offers that need disclosure
• s 707 — Sale offers that need disclosure

Research how courts apply s 704

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.