Clause 303
Offer or invitation made under certain circumstances
of Securities and Futures Bill
BillNot in forceProvision 303 of 348
Clause 303
Subdivision (3) of this Division shall not apply to an offer of units in a collective investment scheme to the public for subscription or purchase, or an invitation to the public to subscribe for or purchase units in a collective investment scheme, if it is made in relation to units in a collective investment scheme that have been previously issued and that are quoted, or listed for quotation, on a securities exchange.