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 6.10 - REVIEW AND INTERVENTION

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History

Part 6.10 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).

Division 2 - The Corporations and Securities Panel

Subdivision B - Unacceptable circumstances

SECTION 657C   APPLYING FOR DECLARATIONS AND ORDERS  

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657C(1)  [Need for application]  

The Panel may make a declaration under section 657A, or an order under section 657D or 657E, only on an application made under this section.

657C(2)  [Who may apply]  

An application for a declaration under section 657A or an order under section 657D or 657E may be made by:

(a)  the bidder; or

(b)  the target; or

(c)  ASIC; or

(d)  any other person whose interests are affected by the relevant circumstances.

Note:

The Administrative Appeals Tribunal cannot review ASIC's decision whether to apply to the Panel (see paragraph 1317C(gc)).

657C(3)  [Time for application]  

An application for a declaration under section 657A can be made only within:

(a)  2 months after the circumstances have occurred; or

(b)  a longer period determined by the Panel.

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History

S 657C inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).

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