Section 718 — Corporations Act 2001 (Cth)

(1) A disclosure document to be used for an offer of securities must be lodged with ASIC.

Note 1: Subsection 727(3) makes it an offence to process applications for non‑quoted securities under an offer that needs a disclosure document until 7 days after the disclosure document is lodged.

Note 2: See section 720 for the consents that need to be obtained before lodgment.

Note 3: Section 351 says what signatures are necessary for documents that are to be lodged with ASIC.

(2) This section does not apply to a 2‑part simple corporate bonds prospectus.

Note: See section 713B (2‑part simple corporate bonds prospectus).

Related sections

• s 715A — Presentation etc. of disclosure documents
• s 716 — Disclosure document date and consents
• s 717 — Overview of procedure for offering securities
• s 719 — Lodging supplementary or replacement document—general
• s 719A — Lodging supplementary or replacement document—2‑part simple corporate bonds prospectus
• s 720 — Consents needed for lodgment

Research how courts apply s 718

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