THE CORPORATIONS LAW

CCH Note: Part 13 of the Corporations Act 1989, inserted by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as follows:

PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW 82
The Corporations Law is as follows:...

SECTION 639 TARGET'S STATEMENT FORMALITIES

View history reference

639(1) Approval.

The copy of the target's statement that is lodged with ASIC must be approved by:

(a) if paragraphs (b) and (c) do not apply - a resolution passed by the directors of the target; or

(b) for a target that is under administration - the liquidator or administrator; or

(c) for a target that has executed a deed of company arrangement that has not yet terminated - the deed's administrator.

639(2) Date.

The target's statement must be dated. The date is the date on which it is lodged with ASIC.