An unlisted disclosing entity, or a listed one whose market has no continuous disclosure rule, lodges with ASIC as soon as practicable a document containing information it becomes aware of that is not generally available and that a reasonable person would expect to have a material effect on the price or value of its securities, unless the information is already in a lodged supplementary or replacement disclosure document or PDS (s 675(2), an offence). Civil penalty and compensation exposure arises where the entity knows, or is reckless or negligent as to, the material effect (s 675A), with the same involvement liability and reasonable steps defence for persons involved. For registered schemes the responsible entity carries the duty.
The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.