Check a short-form prospectus reference to a lodged document
Key facts
- Human involvement
- YellowClose supervision
- How AI is used
- For each reference in the prospectus to a document lodged with ASIC, list whether the reference identifies the document or part, tells people they can obtain a copy, and includes the extra description subsection 712(2) requires. Do not write prospectus sentences.
- What the lawyer must review
- The lawyer decides whether the short-form reference can be used, confirms the copy will be given free during the application period, and writes the prospectus.
- Written for / version
- US
Open a jurisdiction version of this task to see which instruments apply: US
Who does what
| Role | What they do |
|---|---|
| Assistance | For each reference in the prospectus to a document lodged with ASIC, list whether the reference identifies the document or part, tells people they can obtain a copy, and includes the extra description subsection 712(2) requires. Do not write prospectus sentences. |
| Lawyer | Set the scope, supervise the work closely, verify every part relied on, resolve omissions and exceptions, and approve the exact output. |
Checklist
- The reference identifies the document or the part, and tells people of the right to a copy under subsection (5).
- Specialist information gets a description plus a statement that it is primarily of interest to professional analysts, advisers, or investors with similar needs. Any other reference needs enough about the contents for the offeree to decide whether to ask for a copy.
- The document or part is taken to be included. A copy is given free during the application period. The definition of that period was not opened.
- The section does not apply to a two-part simple corporate bonds prospectus. The lawyer writes any prospectus sentence. A transaction-specific prospectus is a separate task.