---
title: "Prepare the cleansing notice and the excluded-information record"
url: "https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-the-cleansing-notice-and-the-excluded-information-record"
type: "task"
site: "AI Law Framework"
id: "A4-X20260927-7"
practice_area: "Capital Markets & Securities — ECM/DCM and Disclosure"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Prepare the cleansing notice and the excluded-information record

> Assemble the conditions record — continuous quotation period, days of suspension, disclosure compliance — and work with the lawyer on the notice wording. It does not decide whether there is excluded information.

Canonical page: https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-the-cleansing-notice-and-the-excluded-information-record  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Capital Markets & Securities — ECM/DCM and Disclosure](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Assemble the conditions record — continuous quotation period, days of suspension, disclosure compliance — and work with the lawyer on the notice wording. It does not decide whether there is excluded information. |
| What the lawyer must review | The lawyer determines whether any excluded information exists, tests each condition against the facts and the current form of the provision relied on, and approves the notice before it is released. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Assemble the conditions record — continuous quotation period, days of suspension, disclosure compliance — and work with the lawyer on the notice wording. It does not decide whether there is excluded information.
- What the lawyer does: The lawyer determines whether any excluded information exists, tests each condition against the facts and the current form of the provision relied on, and approves the notice before it is released.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Confirm the instructions, the jurisdiction and the complete relevant material before starting.
2. The lawyer determines whether any excluded information exists, tests each condition against the facts and the current form of the provision relied on, and approves the notice before it is released.
3. Check the output against the source documents named in it before it is relied on.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-254-offering-securities-under-a-disclosure-document](https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-254-offering-securities-under-a-disclosure-document) (checked 2026-09-27)
- [https://download.asic.gov.au/media/5onbrw4f/rg254-published-07-april-2026.pdf](https://download.asic.gov.au/media/5onbrw4f/rg254-published-07-april-2026.pdf) (checked 2026-09-27)
- [https://www.legislation.gov.au/C2004A00818/latest/text](https://www.legislation.gov.au/C2004A00818/latest/text) (checked 2026-09-27)
- [https://www.asx.com.au/content/dam/asx/rules-guidance-notes-waivers/asx-listing-rules/guidance-notes/gn30-quotation-of-additional-securities.pdf](https://www.asx.com.au/content/dam/asx/rules-guidance-notes-waivers/asx-listing-rules/guidance-notes/gn30-quotation-of-additional-securities.pdf) (checked 2026-09-27)

## Forms and precedents for this task

| Form or precedent | Kind | AI level | Summary |
| --- | --- | --- | --- |
| [Cleansing notice under Corporations Act s 708A(5)(e), with eligibility check and excluded information record](https://ailawframework.com/precedents/capital-markets-and-securities-ecm-dcm-and-disclosure/cleansing-notice-s708a-and-excluded-information-record.md) | Notice | Yellow | A cleansing notice for ASX after a placement made without a disclosure document, with the four statements s 708A(6) requires, an eligibility check against s 708A(5)(a) to (d), and an internal record… |

Signed-in accounts can read the full text of each one.

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/capital-markets-and-securities-ecm-dcm-and-disclosure/prepare-the-cleansing-notice-and-the-excluded-information-record/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*