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What is a replacement or supplementary CSF offer document?
What is a replacement or supplementary CSF offer document?
Updated over a week ago

If a company's CSF offer document is "defective", it may publish a supplementary or replacement CSF offer document to correct the deficiency in the CSF offer document.
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A CSF offer document may be defective if:

  • it contains statements that are misleading or deceptive;

  • there is an omission of information that is required to be included in a CSF offer document; or

  • there is new information that requires disclosure.

A supplementary CSF offer document accompanies or is attached to an original CSF document. A replacement CSF offer document replaces an original CSF offer document.
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If a supplementary or replacement CSF offer document is published to correct a defective offer document, and the defect is materially adverse from the point of view of an investor, all investors who have made an investment application have withdrawal rights i.e. the right to withdraw their investment application with 14 days and be repaid their application money.

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