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Concept demonstration. Wholesale investors only. Nothing on this site is an offer of financial products.

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Wholesale investors only · Corporations Act s708

Wholesale qualification.

Every offering on this platform is open only to investors who qualify under s708. Qualification is evidence, not a tick-box, and nothing is sent until that evidence is on file, which is why it comes first rather than last.

Three routes

One of three tests, under the Corporations Act.

s708(8)(c)

Sophisticated investor

A current certificate from a qualified accountant confirming net assets of at least A$2.5 million, or gross income of at least A$250,000 in each of the last two financial years. The certificate must be given no more than six months before the offer.

Evidence · Accountant’s certificate

s708(11)

Professional investor

An AFS licensee, a body regulated by APRA, a listed entity, or a person controlling gross assets of at least A$10 million. Evidence is the licence, registration or audited position that establishes it.

Evidence · Licence or audited position

s708(8)(a)

By transaction size

A subscription of at least A$500,000 in a single offering qualifies that subscription on its own, without a certificate. It qualifies the transaction rather than the investor, so it is assessed per offering.

Evidence · The subscription itself

What happens next

After the evidence is on file.

  1. Create an account and verify email

    An account on its own gives access to the book at the level you can already see: summaries, structures and the waterfall. No offer document is released by it.

  2. Submit your evidence

    Whichever of the three routes applies. Documents are held privately in restricted storage, with every access recorded, and are reviewed by RWA oa operations, not automatically.

  3. Review, then access

    Once approved, the Information Memorandum, trust deed, independent valuation and financial model for each vehicle become available, and subscription opens.

Concept demonstration. No offer of a financial product is made on this site, and every asset, entity and figure is fictional. RWA oa does not provide financial advice; take every document to your own advisers.