Prospectus and Application Form

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IMPORTANT NOTICEDistributionThis Prospectus does not and is not intended to constitute and may not be used as an offer or invitation by or onbehalf of SAFA, in any place where, or to any person to whom, it would not be lawful to make the offer or invitation.Independent AdviceThe information in this Prospectus is not a recommendation by SAFA that any person should purchase SAFABonds. Persons intending to invest in SAFA Bonds should, and shall be taken to have:• based their investment decision on an independent assessment of the relevance of the information to themand any investigation of it they consider necessary; and• consulted their own tax advisers on the application of tax laws applicable to their situation.No advice is given in respect of taxation treatment of investors in connection with their investment in any SAFABonds.Currency of InformationThe information in this Prospectus (including the Application Form and Terms and Conditions) is correct andcomplete as at the date on the front of this Prospectus (“Effective Date”) and applies to SAFA Bonds issued on andafter the Effective Date. The distribution of this Prospectus or any offer or issue of SAFA Bonds after the EffectiveDate does not imply that there has been no change since that date in the affairs or financial condition of SAFA orthat the information is correct at any time after the Effective Date. SAFA accepts no responsibility to Bondholdersor prospective Bondholders to update this Prospectus after the Effective Date with regard to information orcircumstances that come to its attention after the Effective Date.Authorised MaterialOnly information contained in this Prospectus or as otherwise authorised in writing by SAFA may be relied on ashaving been authorised by or on behalf of SAFA. SAFA has not authorised any person to make any statementswhich are not contained in this Prospectus. Investors should not rely on any other statements or representationsno matter what the person making those statements or representations claims.Limited Responsibility for InformationSAFA is not liable for any loss or damage of any kind whatsoever arising as a result of any information contained inthis Prospectus, notwithstanding any negligence, default or lack of care by it or that such loss or damage wasforeseeable, except to the extent that liability under the Trade Practices Act 1974 (Cth), the Fair Trading Act 1987(SA) or any other applicable statute or other law cannot be excluded.Documents IncorporatedThe following documents are incorporated by reference in and form part of this Prospectus:• all amendments and supplements to this Prospectus prepared by SAFA from time to time; and• all documents issued by SAFA and stated to be incorporated in this Prospectus by reference.Restrictions on CirculationThe distribution of this Prospectus, and the offer for subscription or purchase and invitations to subscribe for or buySAFA Bonds, is intended to be within Australia only, as it may be restricted by law in other jurisdictions. SAFAdoes not represent that this Prospectus may be lawfully distributed, or that SAFA Bonds may be lawfully offered, incompliance with any applicable registration or other requirements in any such jurisdiction, or pursuant to anexemption available thereunder, or assume any responsibility for facilitating any such distribution or offering.In particular, no action has been taken by SAFA or the Registrar which would permit a public offering of any Bondsor distribution of this Prospectus in any jurisdiction where action for that purpose is required.Accordingly, other than as permitted by law, no SAFA Bonds may be offered or sold, directly or indirectly, andneither this Prospectus nor any advertisement or other offering material may be distributed or published in anyjurisdiction other than Australia. Persons into whose possession this Prospectus or any SAFA Bonds come mustinform themselves about, and observe, any such restrictions.13
TERMS AND CONDITIONS1. PERIOD OF ISSUEThese Terms and Conditions are effective for SAFA Bondsissued on or after the date referred to on the front page of thisProspectus.2. ISSUE PRICESAFA Bonds will be issued in the dollar amount applied for,commonly known as “at Par”.3. GUARANTEEAll payments to be made in respect of the Bonds and inaccordance with these conditions are unconditionallyguaranteed by the Government of South Australia.4. SUBSCRIPTION TERMSCurrency:All Bonds will be issued in Australian Dollars.Application Amounts: MinimumThe Minimum Application Amount shall be $500, or such otherminimum amount as SAFA may from time to time specify andmake known through the Authorised Sources listed below.Maximum:Applications for $200,000 or more will not be accepted withoutprior consent of SAFA, which consent may be withheld orgiven upon such terms and conditions as SAFA may in itsabsolute discretion think fit.Each subscription must be paid in full when the application ismade together with the provision of such other information asSAFA may require to satisfy itself that there has beencompliance with the terms and conditions hereof, otherwiseapplications will not be accepted. SAFA reserves the right toreject any application for the issue of SAFA Bonds in whole orin part and any unapplied subscription moneys will berefunded. No interest will accrue on such refunded amounts.Maturity Dates, Interest Rates and Frequency of InterestPayments:The Maturity Dates, Interest Rates and Frequencies of InterestPayments applicable to SAFA Bonds at any given time shall bethose Dates, Rates and Frequencies specified by SAFA at thattime and made known through the Authorised Sources listedbelow. SAFA in its absolute discretion reserves the right tochange the Maturity Dates, Interest Rates and Frequencies ofInterest Payments offered from time to time.The Maturity Date, Interest Rate and Frequency of InterestPayment applicable to an issued SAFA Bond will be offered bySAFA at the time the Bondholder’s application is received bySAFA or an Authorised Lodgement Office, subject to SAFAaccepting the application. In the case of postal applicationsdirect to SAFA or its Registry Offices, the Maturity Date,Interest Rate and Frequency of Interest Payment applicable, ifthe application is accepted, shall be offered as at the date thefunds clear SAFA’s account, or as at such other date as SAFAor its Registry Offices may determine in good faith.Interest rates are fixed and interest accrues on yourinvestment from the day it is received by SAFA or its InscribedStock Registry Offices.Authorised Sources:Details as to the current Minimum Application Amounts,Maturity Dates, Interest Rates and Frequencies of InterestPayments applicable to SAFA Bonds can be obtained onlyfrom the following authorised sources:(a) Authorised advertisements published periodically in theSouth Australian press; or(b) Telephoning SAFA’s Registry Office, Link Market Serviceson 1800 088 585 (toll free); or(c) Telephoning SAFA on (08) 8226 9471; or(d) Any of the Authorised Lodgement Offices listed on page 12of this Prospectus; or(e) SAFA’s website – http://www.safa.sa.gov.auTransfers:Bonds may be transferred in whole but not in part after the firstinterest payment, by completing and lodging a Transfer andAcceptance Form with SAFA’s Registry Office, Link MarketServices, together with any supporting evidence required by theRegistry Office. Any stamp duty incurred on a transfer of Bondswill be for the account of the holder of the Bonds.5. APPLICATIONSApplications may be made by:(a) Individuals (excluding minors) either solely or jointly with up tothree other individuals;(b) Incorporated bodies;(c) Friendly Societies and Trade Unions registered under the lawsof any State or the Commonwealth; and(d) Unincorporated associations which have a written constitutionor written rules of association.Executors, Administrators, Trustees andUnincorporated Superannuation Funds:Applications will be accepted only if recorded in the individualnames of the Executors, Administrators or Trustees in their ownright and not in their capacity as a representative or trustee.SAFA will not recognise any person’s beneficial entitlement toBonds but will regard the registered holder of the Bonds as thelegal and beneficial owner.6. SIGNING OF APPLICATIONSIndividuals:Applications must be signed personally by each applicant.Incorporated Bodies, Friendly Societies, Trade Unions:Articles of Association, Constitutions, Charters or enabling Statutesmay require that an application for SAFA Bonds be executed usingthe common seal of the body. Provision is made for this on theApplication Form. An Application Form lodged by an Incorporatedbody, Friendly Society or Trade Union is to be signed by either: twodirectors, a director and the company secretary, or in the case of aproprietary company that has a sole director who is also the solecompany secretary - that director.Unincorporated Associations:Applications must be signed by two or more persons who are ableto provide written evidence of their authority to sign suchdocuments on behalf of the association. A copy of theassociation’s constitution or rules of association and the namesand addresses of its officers who have been appointed inaccordance with its constitution or rules of association must belodged with the application.Attorneys:If the application is signed by Attorney(s), the application must besupported by:(a) the original Power of Attorney; or(b) a copy of the Power of Attorney certified by a Justice of thePeace or a Notary Public for a State or Territory or any otherperson having authority to administer an oath in a State orTerritory.7. LODGEMENT OF APPLICATIONSApplications may be lodged at any of the Authorised LodgementOffices listed on page 12 of this Prospectus, but no responsibilitywill be accepted for applications posted but not received.8. ISSUES OF BOND CERTIFICATESSAFA Bonds will be issued in the form of Inscribed Stock. A SAFABonds Certificate of Inscription will be forwarded to applicants assoon as practicable after their application has been accepted andpayment received. The Certificate of Inscription is not a negotiableinstrument.14
Page 1 and 2: Guaranteed by the Government of Sou
Page 3 and 4: SUBSCRIPTION TERMSDetails as to the
Page 5 and 6: HOW DO I INVEST?STEP 1 - Applicatio
Page 7 and 8: Who can certify identity documents
Page 9 and 10: Authorisation - In relation to the
Page 11 and 12: Step 3 - Payment Methods• Persona
Page 13: ENQUIRIESGeneral EnquiriesPostal ad

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