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Corporations Amendment (Crowd-sourced Funding) Bill 2015

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7865

2013-2014-2015-2016

 

The Parliament of the

Commonwealth of Australia

 

THE SENATE

 

 

 

 

 

Corporations Amendment (Crowd-sourced Funding) Bill 2016

 

 

 (1)    Schedule 1, item 14, page 10 (line 17), omit paragraph 738H(1)(a), substitute:

                     (a)  the company has an agreement with a CSF intermediary that is legally enforceable;

[eligible CSF company]

(2)     Schedule 1, item 14, page 10 (line 33), omit subparagraph 738H(2)(a)(i), substitute:

                              (i)  $10 million; or

[assets and turnover test]

(3)     Schedule 1, item 14, page 11 (line 5), omit subparagraph 738H(2)(b)(i), substitute:

                              (i)  $10 million; or

[assets and turnover test]