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CORPORATIONS ACT 2001 No. 50, 2001 - SECT 612

Effect of non-compliance with takeover rules for exceptions 1 to 4

The exceptions in items 1 to 4 of the table in section 611 do not apply to a takeover bid if the bid is carried out in contravention of:

section 618 (full or proportionate bid); or

section 619 (offers to be the same); or

subsection 621(3) (minimum price); or

subsection 624(1) (minimum offer period); or

sections 625 to 630 (conditional offers); or

items 2, 3 and 6 in the table in subsection 633(1) (procedural steps for off-market bid); or

items 3, 4 and 6 in the table in section 635 (procedural steps for market bid).

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