Section 738T — Corporations Act 2001 (Cth)

A person who has made an application pursuant to a CSF offer may withdraw the application:

(a) as permitted by section 738X (responsible intermediary’s obligations on becoming aware that CSF offer document is defective) or 738ZD (cooling‑off rights for retail clients); or

(b) in any other circumstances allowed by the responsible intermediary, and in accordance with any requirements of the intermediary for withdrawal in those circumstances.

Note: If an applicant withdraws their application, the responsible intermediary must return the application money (see section 738ZB).

Related sections

• s 738Q — Gatekeeper obligations of CSF intermediaries
• s 738R — Company and related parties not to have more than one CSF offer open at any one time
• s 738S — Company may notify responsible intermediary that it wants CSF offer withdrawn
• s 738U — Meaning of defective
• s 738V — Obligation to notify company making offer, and responsible intermediary, if CSF offer document is defective
• s 738W — Company may provide replacement or supplementary CSF document in certain circumstances

Research how courts apply s 738T

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