Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) The Takeovers Panel, or the President of the Takeovers Panel, may make an interim order of a kind referred to in subsection 657D(2) in relation to circumstances even if:
(a) there is no declaration under section 657A that the circumstances are unacceptable; or
(b) no application to the Takeovers Panel for a declaration of that kind has been made.
The order must specify the period (not exceeding 2 months) for which it is to have effect.
(2) The order ceases to have effect:
(a) at the end of the period specified in the order; or
(b) if, before the end of that period, proceedings for a
declaration under section 657A in relation to the circumstances (and
all related proceedings for an order under section 657D) are
determined--when those proceedings are determined.