| Section of RG 254 | Topic of guidance | Previous guidance |
|---|---|---|
| Section A | Why we have disclosure document | New guidance |
| Section A | When a disclosure document is required | New guidance |
| Section A | The various types of disclosure documents | New guidance |
| Section A | ASIC’s role | New guidance |
| Section A | Scope of this guide and summary of topics covered | New guidance |
| Section A | Other guidance issuers may need to consider | New guidance |
| Section B | Prospectuses | SRG 56 and new guidance |
| Section B | Short-form prospectuses | New guidance |
| Section C | Rationale for transaction-specific disclosure | RG 66 |
| Section C | When transaction-specific disclosure can be used | RG 66 |
| Section C | Effect of suspensions from quotation and trading halts | RG 66 |
| Section C | Content requirements for transaction-specific prospectus | RG 66 |
| Section C | ASIC’s exclusion powers—section 713(6) | RG 66 |
| Section C | Relief from enhanced disclosure provisions | RG 66 |
| Section C | Individual relief to use a transaction-specific prospectus | RG 66 |
| Section D | Rationale for offer information statements | New guidance |
| Section D | Content requirements for offer information statements | New guidance |
| Section D | Financial reports for offer information statements | SRG 157 |
| Section D | Relief for financial reports prepared for offer information statements | SRG 157 |
| Section E | Profile statements | New guidance |
| Section E | Two-part simple corporate bonds prospectus | New guidance and SRG 213 |
| Section F | How to lodge a disclosure document | New guidance |
| Section F | Our approach to withdrawing an offer under a disclosure document | New guidance |
| Section F | Changes to disclosure documents following lodgement | SRG 23 and SRG 152 |
| Section F | Lodging electronic disclosure documents | RG 107 |
| Section F | Application forms | SRG 56 and SRG 152 |
| Section F | Relief for application forms | SRG 56 and new guidance |
| Section G | Exposure period requirements | SRG 152 and new guidance |
| Section G | Access to disclosure documents | SRG 152 |
| Section G | What we will do to facilitate access to disclosure documents | SRG 152 and new guidance |
| Section G | Where we will extend the exposure period | SRG 152 |
| Section G | Relief from the exposure period | SRG 152 |
| Section G | Applications for securities during the exposure period | SRG 152 |
| Section H | When a supplementary or replacement disclosure document is required | SRG 23 and new guidance |
| Section H | Form, content and procedure requirements | SRG 23 and new guidance |
| Section H | Consequences of lodging a supplementary or replacement disclosure document | New guidance |
| Section H | Relief to consolidate supplementary disclosure documents | SRG 23 and new guidance |
| Section I | Quotation condition | SRG 99 and new guidance |
| Section I | Minimum subscription condition | RG 228 and new guidance |
| Section I | Relief for calculating time periods | New guidance |
| Section I | Consequences of the minimum subscription condition and/or quotation condition not being satisfied | New guidance |
| Section I | Relief to provide refresh documents | New guidance |
| Section J | General prohibition on advertising and publicity | SRG 158 |
| Section J | Relief for advertising and publicity | SRG 158 |
| Section J | How we monitor compliance with the advertising prohibitions | SRG 158 |
| Section K | Debenture prospectuses | SRG 155 |
| Section L | Pre-lodgement review of disclosure documents | SRG 152 and RG 228 |
| Section L | Post-lodgement review of disclosure documents | SRG 152 and new guidance |
| Section L | What we look for when reviewing a disclosure document | RG 228 |
| Section L | What we do when there are disclosure concerns | RG 228 |
Consolidation of fundraising instruments and guidance
Important notice: Fundraising and corporate finance documents are now lodged with ASIC through the ASIC Regulatory Portal. For more information, see How you lodge fundraising and corporate finance documents.
Applications for relief should also be submitted through the ASIC Regulatory Portal. Fees will apply to an application and details about payment options are provided in the portal. For more information see, how you apply for relief.
In March 2016 we consolidated 7 regulatory guides about disclosure documents into one new regulatory guide: Regulatory Guide 254 Offering securities under a disclosure document (RG 254).
We also moved our existing guidance in Superseded RG 213 Facilitating debt raising (SRG 213) – on the on-sale of quoted securities that are issued on the conversion of convertible notes issued to wholesale investors or otherwise without prospectus disclosure – into Regulatory Guide 173 Disclosure for on-sale of securities and other financial products (RG 173), and revoked SRG 213.
We also consolidated 26 sunsetting class orders into 13 new legislative instruments and repealed 5 class orders.
This page sets out cross-references to:
- those parts of our previous guidance that related to the subject matter of RG 254 and RG 173;
- superseded class orders that related to the subject matter of our new legislative instruments; and
- repealed class orders.