Corporations Act 2001
CCH note - modifying legislative instruments: The application of Ch 6 is affected by the following legislative instruments that commenced or were amended on or after 1 January 2022: the ASIC Corporations (Takeover Bids) Instrument 2023/683; the ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 2023/687; the ASIC Corporations (Replacement Bidder ' s and Target ' s Statements) Instrument 2023/688; and the ASIC Corporations (Relief to Facilitate Admission of Exchange Traded Funds) Instrument 2024/147.
For other legislative instruments or class orders before 1 January 2022 that affect the application of Ch 6, please consult the legislative instruments or class orders directly. These are reproduced in the regulatory-resources section of the company-law practice area in CCH iKnowConnect.
Note: This Chapter only applies to acquisitions of interests in a CCIV if the CCIV is a listed company: see Division 1 of Part 8B.7 .
View history note
Hide history noteIf a person contravenes, or proposes to engage in conduct that would contravene, an order made by the Takeovers Panel under section 657D or 657E , the Court may make any orders it considers appropriate to secure compliance with the Takeovers Panel ' s order, including: (a) 1 or more remedial orders; and (b) an order directing a person to do, or to refrain from doing, a specified act.
Note: Section 9 defines remedial order .
657G(2)
An application for an order under this section may only be made by: (a) ASIC; or (b) the President of the Takeovers Panel; or (c) a person to whom the Takeovers Panel ' s order relates; or (d) a person who was a party to the proceedings in which the Takeovers Panel ' s order was made.
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