Legal

Terms of Service

The terms on which the 708C Platform is provided. Please read these terms before using the platform.

Last updated: July 2026. These terms are provided by Debtequity Pty Ltd (the "Operator") and govern your use of the 708C Platform at 708c.com.au (the "Platform"). By submitting an application, activating a workspace, or otherwise using the Platform, you agree to these terms.

1. What the Platform does

The 708C Platform is a technology platform that facilitates the workflow for Section 708(8)(c) wholesale investor certification under the Corporations Act 2001 (Cth). The Platform routes certification requests, stores supporting documents and evidence, enables accountant review, generates and stores certificates, provides public validation, and manages the certificate renewal lifecycle.

The Platform does not certify investors. Certification is the sole act and professional responsibility of the qualified accountant who reviews and approves each application. The Platform is an operating layer — not a certifier, not an adviser, and not a financial services licensee in respect of any certification decision.

2. No financial product advice

Nothing on this Platform constitutes financial product advice within the meaning of the Corporations Act 2001 (Cth) or any other law. A Section 708 certificate confirms an investor's qualification status as assessed by their certifying accountant — it is not a recommendation to invest in any product, does not guarantee any investment outcome, and does not constitute an assessment of the suitability of any particular investment for that investor.

Users seeking financial advice should engage a licensed financial adviser (Australian Financial Services Licensee) for that purpose.

3. Accountant independence

Accountants who certify investors through the Platform do so in their own professional capacity and under their own professional obligations. The Operator does not instruct, supervise, override, or influence any accountant's certification decision. Each accountant is responsible for their own assessment of the investor's eligibility under the applicable statutory threshold.

An accountant's participation in the Platform does not create any agency, employment, or partnership relationship between the accountant and the Operator.

4. Investor obligations

Investors using the Platform confirm and warrant that:

  • All information provided during the application — including personal details, entity details, and supporting financial documentation — is true, complete, and accurate to the best of their knowledge.
  • They have authority to submit the application on behalf of any entity named in the application.
  • They will notify their certifying accountant if their financial circumstances change materially after certification.
  • They understand that providing false or misleading information in connection with a certificate issued under section 708 of the Corporations Act 2001 (Cth) may constitute a serious offence.

5. Accountant obligations

Accountants who use the Platform confirm and warrant that:

  • They are a qualified accountant within the meaning of section 708(8)(c) of the Corporations Act 2001 (Cth) and ASIC Regulatory Guide 154 at the time of each certification decision.
  • They conduct each certification review independently, in good faith, and in accordance with their professional obligations.
  • They do not use the existing-client issuance pathway to solicit, market to, or acquire new clients through the Platform.
  • They will not certify an investor where they have a conflict of interest that would impair the independence of their professional assessment.

6. Certificate validity and currency

Certificates issued via the Platform are valid for the period stated on the certificate from the date of issue, subject to any earlier expiry, revocation, or change in the investor's financial circumstances that would affect their qualification status.

It is the investor's sole responsibility to notify their accountant if their financial circumstances change materially. It is the counterparty's responsibility to validate certificate status at the time of reliance using the Platform's public validation endpoint.

The Operator makes no representation that a certificate that was current at the time of a past transaction remains current at any later date.

7. Fees and payment

The first certificate is provided at no cost to the investor. Renewal certificates are subject to a renewal fee of A$79.00 (inclusive of GST) or such other amount as is displayed on the Platform at the time of renewal. All fees are in Australian dollars and include GST where applicable.

Payment is processed through Stripe, a third-party payment processor. The Operator does not store payment card details. Renewal fees are generally non-refundable after certificate issuance, except where required by law. The service is considered delivered once the renewed certificate is issued, stored, and available for validation.

Accountant remuneration payments (A$20 per renewal certificate issued) are at the Operator's discretion and subject to the Operator's current remuneration terms. These amounts may change over time.

8. Limitation of liability

To the maximum extent permitted by applicable law (including the Australian Consumer Law where it applies), the Operator:

  • Accepts no liability for any loss or damage (including consequential, indirect, or special loss) arising from reliance on any certificate issued through the Platform by any person.
  • Accepts no liability for any loss arising from an accountant's certification decision or any professional error or omission by any accountant.
  • Accepts no liability for any loss arising from a relying party's failure to validate certificate status at the time of reliance.
  • Does not guarantee the Platform's continuous availability, and accepts no liability for any loss arising from Platform downtime or technical failure.

Nothing in these terms limits any rights you may have under the Australian Consumer Law or other applicable consumer protection legislation that cannot be excluded or limited by agreement.

9. Intellectual property

All content, design, code, and branding on the Platform is owned by or licensed to the Operator. You may not reproduce, copy, adapt, or republish any Platform content without express written permission. The 708C name, logo, and brand elements are proprietary to the Operator.

10. Termination and suspension

The Operator may suspend or terminate a user's access to the Platform at any time for breach of these terms, fraudulent activity, provision of false information, or conduct that is harmful to the integrity of the certification system. Where a certificate has been issued based on false information, the Operator may revoke that certificate and record the revocation in the audit trail.

11. Privacy

The Operator's collection, use, storage, and disclosure of personal information is governed by the Privacy Policy. By using the Platform, you agree to the collection and use of your information as described in the Privacy Policy.

12. Modifications to these terms

The Operator may update these terms from time to time. The current version is always available at this URL. Continued use of the Platform after any update constitutes acceptance of the updated terms.

13. Governing law and jurisdiction

These terms are governed by the laws of the State of Queensland, Australia. You submit to the non-exclusive jurisdiction of the courts of Queensland and the Commonwealth of Australia for the resolution of any dispute arising out of these terms or your use of the Platform.

14. Contact

For questions about these terms: contact our support team.

Corporations Act 2001 (Cth) s.708  ·  ASIC RG154  ·  Last updated: July 2026