Commonwealth Consolidated Acts

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CORPORATIONS ACT 2001 - SECT 1240E

Compulsory acquisition--only available for securities in a listed CCIV

  (1)   Securities in a CCIV may only be compulsorily acquired or bought out under Chapter   6A if the CCIV is a listed company.

  (2)   If Part   6A.1 applies to a CCIV that is a listed company at the end of the bid period for a takeover, that Part   continues to apply to the CCIV in relation to the takeover bid even if the CCIV ceases to be listed.

  (3)   If Part   6A.2 applies to a CCIV that is a listed company when a compulsory acquisition notice under section   664C is lodged, that Part (including Division   2 of that Part) continues to apply to the CCIV in relation to the notice even if the CCIV ceases to be listed.



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