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ARTICLE · 16 NOVEMBER 2017

Crowd-sourced funding (CSF) in Australia

Bartier Perry Solicitors
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The new regime aims to reduce regulatory barriers and compliance costs for businesses trying to raise money through CSF.

AustraliaCorporate/Commercial Law
Oliver Shtein
Oliver Shtein
Eric Kwan
Eric Kwan
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The Corporations Amendment (Crowd-Sourced Funding) Act 2017 (Cth) came into effect on 29 September 2017, and amends the Corporations Act 2001 (Cth) by establishing a new regime (CSF Regime) which aims to reduce regulatory barriers and compliance costs for businesses looking to raise money through crowd-sourced funding (CSF).

We look briefly at the ins and outs of the new CSF Regime.

What is Crowd-Sourced Funding?

CSF is the funding of a venture by a large number of people. It is a tool for raising capital online, and offers companies the ability to cast a wider net to reach both sophisticated and non-sophisticated investors.

How does the CSF Regime work?

Who can raise funds?

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