CCH Note:
Part 13 of the
Corporations Act 1989, inserted
by sec 6 of No 110 of 1990, Sch 1 (effective 1 January 1991), begins as
follows:
PART 13 - THE CORPORATIONS LAW
THE CORPORATIONS LAW
82
The Corporations Law is as follows:...
CHAPTER 6 - TAKEOVERS
History
Chapter 6 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).
PART 6.8 - ACCEPTANCES
History
Part 6.8 substituted by No 156 of 1999, Sch 1 (effective 13 March 2000).
SECTION 653A
ACCEPTANCE OF OFFERS MADE UNDER OFF-MARKET BID
653A
If:
(a)
an offer is made under an off-market bid for quoted securities; and
(b)
the SCH business rules require that an acceptance of the offer, so far as it relates to those securities, must be made in a particular way;
an acceptance of the offer for those securities is effective only if it is made in that way.
History
S 653A inserted by No 156 of 1999, Sch 1 (effective 13 March 2000).