Issued 23 November 2015
This guide sets out our policy on relief from certain provisions of the Corporations Act 2001 for the sale and valuation of shares in a real estate company.
It gives guidance on:
- our general policy on relief (including what is a ‘real estate company’ for the purposes of this guide)
- what relief is available from the requirements in Ch 6D for an offer to sell shares in a real estate company by or on behalf of the owner of the shares (the vendor) (fundraising relief), and
- what relief is available from the requirement to hold an Australian financial services licence (licensing relief) for:
- licensed real estate agents when offering shares in a real estate company for sale, and
- persons providing valuations of shares in a real estate company (valuers).