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Corporations (Passport) Rules 2018
43Prohibition on provision of loans, guarantees and underwriting
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43 Prohibition on provision of loans, guarantees and underwriting
(1) A passport fund must not lend money. (2) For subsection (1), a passport fund does not lend money if it holds a deposit as permitted under Division 6.2. (3) A passport fund must not act as guarantor for another person or entity. (4) A passport fund must not underwrite securities by agreeing to acquire securities if they are not acquired by another person under an offer or to ensure a certain amount is raised from an offer.