Corporations Act 2001

CHAPTER 6 - TAKEOVERS  

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 .

PART 6.10 - REVIEW AND INTERVENTION  

Division 2 - The Takeovers Panel  

Subdivision B - Unacceptable circumstances  

SECTION 657G   ORDERS BY THE COURT WHERE CONTRAVENTION OR PROPOSED CONTRAVENTION OF TAKEOVERS PANEL ORDER  

657G(1)    


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.

 

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