The Treasury is seeking views on draft legislation the purpose of which is to extend crowd-sourced equity funding to proprietary companies. A copy of the Corporations Amendment (Crowd-Sourced Funding for Proprietary Companies) Bill 2017 is available here (pdf). An explanatory memorandum is available here (pdf) and further background information is available here.
Monday, 15 May 2017
Australia: extending crowd-sourced equity funding to proprietary companies
The Treasury is seeking views on draft legislation the purpose of which is to extend crowd-sourced equity funding to proprietary companies. A copy of the Corporations Amendment (Crowd-Sourced Funding for Proprietary Companies) Bill 2017 is available here (pdf). An explanatory memorandum is available here (pdf) and further background information is available here.
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