Clause 52
Amendment of section 239
of Securities and Futures (Amendment) Bill
BillNot in forceProvision 52 of 97
Clause 52
Section 239(1) of the principal Act is amended —
(a)
by inserting, immediately after the definition of “preliminary document”, the following definition:“ “product highlights sheet” means a product highlights sheet referred to in section 240AA(1);”; and
(b)
by deleting paragraphs (a) and (b) of the definition of “prospectus” and substituting the following paragraphs:“(a)a profile statement;
(b)
any material, advertisement or publication which is authorised by section 251 (other than subsection (5)); or
(c)
a product highlights sheet;”.