"If we impose a stop order on your disclosure document, your company is not allowed to offer, issue, sell or transfer securities offered under the disclosure document while that order is in force. An interim stop order may be made for up to 21 days, during which time a hearing must be held to give your company a chance to put its views to an independent delegate. After the hearing we may lift the interim stop order or place a final stop order on the disclosure document."
http://asic.gov.au/regulatory-resources/fundraising/stop-orders/
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