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Enacting Formula

 
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On 25/05/2013, you requested for the version in force on 25/05/2013 incorporating all amendments published on or before 25/05/2013. The closest version currently available is that of 23/02/2009.
Amendment of section 305
103.  Section 305 of the principal Act is amended —
(a)
by deleting “$200,000” in the 7th line of subsection (2) and substituting “$100,000”;
(b)
by deleting paragraph (c) of subsection (3) and substituting the following paragraph:
(c)
no prospectus in respect of the offer has been registered by the Authority or, where a prospectus has been registered —
(i)
the prospectus has expired pursuant to section 299; or
(ii)
the person making the offer has before making the offer —
(A)
informed the Authority by notice in writing of its intent to make the offer in reliance on the exemption under this subsection; and
(B)
taken reasonable steps to inform in writing the person to whom the offer is made that the offer is made in reliance on the exemption under this subsection.”;
(c)
by deleting subsection (4); and
(d)
by deleting the word “recognised” in paragraph (ii) of the definition of “advertisement” in subsection (5) and substituting the word “overseas”.