Corporations Act 2001
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 noteCCH Note: Division 2 is modified by the ASIC Corporations (Takeover Bids) Instrument 2023/683; the ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 2023/687; and the ASIC Corporations (Replacement Bidder ' s and Target ' s Statements) Instrument 2023/688.
CCH Note: Subdivision B is modified by the ASIC Corporations (Takeover Bids) Instrument 2023/683; the ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 2023/687; and the ASIC Corporations (Replacement Bidder ' s and Target ' s Statements) Instrument 2023/688.
CCH Note: Section 657G is modified by the ASIC Corporations (Takeover Bids) Instrument 2023/683; the ASIC Corporations (Warrants: Relevant Interests and Associations) Instrument 2023/687; and the ASIC Corporations (Replacement Bidder ' s and Target ' s Statements) Instrument 2023/688.
If 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.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.