Section 171
Application of Subdivision 10
ActIn forceProvision 171 of 768
Section 171
(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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