Commonwealth Consolidated Acts

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Offers that are eligible to be made under this Division

                   An offer for the issue, sale or transfer of ESS interests of a body corporate or registered scheme to ESS participants in connection with an employee share scheme is eligible to be made under this Division if:

                     (a)  the offer is covered by any of the following:

                              (i)  section 1100P (about offers for no monetary consideration);

                             (ii)  section 1100Q (about offers for monetary consideration);

                            (iii)  section 1100R (about offers that would otherwise not need disclosure); and

                     (b)  the offer is expressed to be made under this Division.

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