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:...

CHAPTER 6 - TAKEOVERS

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History

Chapter 6 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

PART 6.2 - EXCEPTIONS TO THE PROHIBITION

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History

Part 6.2 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

SECTION 613   BIDDER NOT TO EXERCISE VOTING RIGHTS IF FAILURE TO SEND BIDS FOR OFF-MARKET ACQUISITION - EXCEPTION 2 OR 3  

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613     If the exception in item 2 or 3 of the table in section 611 applies to an acquisition on-market during a takeover bid, the bidder is not entitled to exercise the voting rights attached to the shares if:

(a)  the bid is an off-market bid; and

(b)  the bidder fails to send offers under the bid within 28 days after giving the bidder's statement to the target.

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History

S 613 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

CCH Note: There is no sec 614 in the Corporations Law.

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