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Financial Markets Conduct Act 2013

Disclosure of offers of financial products - Procedure for making regulated offers - Other provisions relating to lodging of PDS and other documents

71: When supplementary document or replacement PDS may be lodged

You could also call this:

"When you can update or fix the information in a PDS document"

If you lodge a document called a PDS with the Registrar, you can also lodge a supplementary document or a replacement PDS. You can do this to correct something that is false or misleading in the PDS, or to add information that is missing. You can also lodge a supplementary document or replacement PDS to make the PDS clearer, or to update the information in it. You are allowed to update or add to the information in the PDS. However, there are some circumstances when you cannot lodge a supplementary document with the Registrar.

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70: No guarantee or representation as to compliance, or

"No guarantee that financial documents are correct or follow the law"

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72: Supplementary document, or

"Extra information that adds to the main document about a financial product"

Part 3Disclosure of offers of financial products
Procedure for making regulated offers: Other provisions relating to lodging of PDS and other documents

71When supplementary document or replacement PDS may be lodged

  1. An issuer that lodges a PDS with the Registrar may lodge a supplementary document or replacement PDS with the Registrar to—

  2. correct a false or misleading statement in the PDS; or
    1. correct an omission from the PDS of information that it is required to contain by this Act or the regulations; or
      1. correct the PDS because it is not worded and presented in a clear, concise, and effective manner; or
        1. update, or add to, the information contained in the PDS.

          1. However, a supplementary document must not be lodged with the Registrar in the prescribed circumstances.