Commonwealth Consolidated Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

CORPORATIONS ACT 2001 - SECT 650A

General

  (1)   A bidder may only vary the offers under an off - market bid in accordance with section   650B, 650C or 650D.

Note:   ASIC may allow other variations under section   655A.

  (2)   If the bidder varies the offer under an off - market bid in accordance with section   650B, 650C or 650D, the bidder must vary all unaccepted offers under the bid in the same way.

Note:   Subsections   650B(2) and (3) deal with the effect of a variation on takeover contracts that have already resulted from acceptances of offers under the bid when the variation is made.


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback