Companies Act 2016 · Updated to 31 Jan 2025 · Part III · Management of Company
171. Application of Subdivision 10
Feedback & support(1)
Unless provided otherwise in this Act, this Subdivision shall be applicable to an offer made to the public, including an offer made to any section of the public however selected, with regards to—
(a)
an offer or invitation in respect of shares or debentures made by an unlisted recreational club; and
(b)
an offer or invitation to deposit money with or lend money to a corporation as specified under section 158.
(2)
This Subdivision shall not apply to an offer or invitation to subscribe for or purchase any securities of a corporation, including any excluded offer or excluded invitation as provided for in the Capital
Markets and Services Act 2007.
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