THE CORPORATIONS LAW

CHAPTER 6 - TAKEOVERS

PART 6.2 - EXCEPTIONS TO THE PROHIBITION

SECTION 612   EFFECT OF NON-COMPLIANCE WITH TAKEOVER RULES FOR EXCEPTIONS 1 TO 4  

612     The exceptions in items 1 to 4 of the table in section 611 do not apply to a takeover bid if the bid is carried out in contravention of:

(a)  section 618 (full or proportionate bid); or

(b)  section 619 (offers to be the same); or

(c)  subsection 621(3) (minimum price); or

(d)  subsection 624(1) (minimum offer period); or

(e)  sections 625 to 630 (conditional offers); or

(f)  items 2, 3 and 6 in the table in subsection 633(1) (procedural steps for off-market bid); or

(g)  items 3, 4 and 6 in the table in section 635 (procedural steps for market bid).




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