Corporations Act 2001
CHAPTER 6
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TAKEOVERS
PART 6.10
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REVIEW AND INTERVENTION
Division 2
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The Takeovers Panel
(a) the bidder; or
(b) the target; or
(c) ASIC; or
(d) any other person whose interests are affected by the relevant circumstances.
(a) 2 months after the circumstances have occurred; or
(b) a longer period determined by the Panel.
Subdivision B
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Unacceptable circumstances
SECTION 657C
APPLYING FOR DECLARATIONS AND ORDERS
657C(1)
[
Need for application]
The Panel may make a declaration under section 657A, or an order under section 657D or 657E, only on an application made under this section.
657C(2) [ Who may apply]An application for a declaration under section 657A or an order under section 657D or 657E may be made by:
(a) the bidder; or
(b) the target; or
(c) ASIC; or
(d) any other person whose interests are affected by the relevant circumstances.
Note: The Administrative Appeals Tribunal cannot review ASIC's decision whether to apply to the Panel (see paragraph 1317C(gc)).
657C(3) [ Time for application]An application for a declaration under section 657A can be made only within:
(a) 2 months after the circumstances have occurred; or
(b) a longer period determined by the Panel.
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