capital raising without disclosure

Raising capital without disclosure (prospectus)

Last updated 25 August 2015
The general rule provided in the Corporations Act 2001 (Cth) (Act) is that you can’t raise capital in Australia without issuing a disclosure document.  Disclosure is generally thought of as being a prospectus but there are also other allowable forms of disclosure documents.  Chapter 6D of the Act contains what is  widely referred to as the “fundraising provisions” which regulate the way in which capital can be raised in Australia without issuing a formal disclosure document.

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