Commonwealth Consolidated Acts

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Terms of offer cannot be varied

             (1)  The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied.

             (2)  A purported variation of the terms of the offer is ineffective.

             (3)  This section does not:

                     (a)  affect the offeror's obligation under section 1019J to update the market value of the financial product to which the offer relates; or

                     (b)  prevent the offeror from withdrawing the offer in accordance with section 1019G or paragraph 1019J(2)(a) and making another offer on different terms; or

                     (c)  prevent the offeree from making a counter-offer on different terms.

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