Released 25 March 2011. Comments closed 6 May 2011.

This consultation paper sets out a proposal to include a new category of notes that currently fall within the meaning of ‘unsecured notes’ under the Corporations Act 2001 (Corporations Act). The paper also sets out a proposal to revise the statement about risk that needs to be included in advertisements of offers of debentures and unsecured notes (and interests in mortgage schemes).

This consultation paper seeks the views of issuers of debentures and unsecured notes and responsible entities of mortgage schemes, industry bodies, consumer groups, and investors and their professional advisers on these proposals.

Download the paper (PDF) | Read the advisory | Advisory about second round of consultation