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Section 37

Information memorandum deemed to be prospectus or product disclosure statement

of Interest Schemes Act 2016

ActIn forceProvision 37 of 92
Section 37

Any information memorandum purporting to describe the business affairs of the person making the offer issued by that person or his agent shall be deemed to be a prospectus or product disclosure statement, in so far as regarding the liability of the person or his agent, for any untrue statement or non-disclosure of material information.

Read in full context — Interest Schemes Act 2016 →