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This document provides an exemption notice under the Securities Act 1978 regarding real property proportionate ownership schemes, including conditions and requirements for offerors and investors.
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How to fill out Securities Act (Real Property Proportionate Ownership Schemes) Exemption Notice 2002

01
Gather all necessary information about the property and the ownership scheme.
02
Ensure you meet the eligibility criteria for the exemption under the Securities Act.
03
Fill out the exemption notice accurately, providing details about the property and the number of owners.
04
Include any required attachments, such as financial statements or agreements.
05
Review the completed notice for accuracy and completeness.
06
Submit the notice to the appropriate regulatory authority in accordance with their guidelines.

Who needs Securities Act (Real Property Proportionate Ownership Schemes) Exemption Notice 2002?

01
Real estate developers seeking to establish a proportionate ownership scheme.
02
Investors interested in participating in real property investment without being subjected to the full regulatory requirements of the Securities Act.
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The Securities Act (Real Property Proportionate Ownership Schemes) Exemption Notice 2002 provides specific exemptions for certain real property investment schemes from the requirements of the Securities Act, facilitating investments in proportionate ownership schemes without the need for a full disclosure statement.
Entities that are offering or managing a real property proportionate ownership scheme that qualifies for the exemption under the Securities Act are required to file the notice.
To fill out the notice, the entity must complete all sections accurately, providing details about the scheme, including its nature, terms, and any relevant financial information, and submit it to the appropriate regulatory authority.
The purpose of the notice is to streamline compliance requirements for real property proportionate ownership schemes, allowing them to operate without extensive disclosure requirements, thus encouraging investment in such schemes.
Information required includes details about the ownership scheme, any relevant financial projections, the nature of the investment, terms and conditions for investors, and compliance with eligibility criteria for the exemption.
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