Corporations Amendment (Takeovers) Act 2007 (64 of 2007)
Schedule 1 Amendment of the takeovers provisions
Corporations Act 2001
7 At the end of section 657EA
Add:
(5) Despite section 657B, the Panel can only make a declaration under section 657A after conducting a review under this section if the declaration is made within:
(a) 3 months after the circumstances in relation to which the declaration is made occur; or
(b) 1 month after the application for review was made;
whichever ends last. The Court may extend the period on application by the Panel.
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