CORPORATIONS ACT 2001

CHAPTER 6 - TAKEOVERS  

SECTION 604   CHAPTER EXTENDS TO LISTED REGISTERED SCHEMES  

604(1)  
This Chapter applies to the acquisition of relevant interests in the interests in a registered scheme that is also listed as if:


(a) the scheme were a listed company; and


(b) interests in the scheme were shares in the company; and


(c) voting interests in the scheme were voting shares in the company; and


(d) a meeting of the members of the scheme were a general meeting of the company; and


(e) the obligations and powers that are imposed or conferred on the company were imposed or conferred on the responsible entity; and


(f) the directors of the responsible entity were the directors of the company; and


(g) the appointment of a responsible entity for the scheme were the election of a director of the company; and


(h) the scheme's constitution were the company's constitution.

Note 1: Paragraph (g): See subsection 610(2).

Note 2: Section 9 defines voting interest in a managed investment scheme.

604(2)  


The regulations may modify the operation of this Chapter as it applies in relation to the acquisition of interests in listed registered schemes.

View surrounding sectionsView surrounding sectionsBack to top


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.