Financial Services Reform Act 2001 (122 of 2001)
Schedule 1 Financial Services and Markets
Part 2 Consequential amendments
Corporations Act 2001
381 Section 635 (table items 2 to 6)
Repeal the items, substitute:
2 |
The bidder must have the bid announced to the relevant financial market. |
|
3 |
The bidder must send a copy of the bidders statement to the relevant market operator |
To be done on the day the announcement is made |
4 |
The bidder must send to the target: · a copy of the bidders statement; and · a copy of any other document that was sent with the bidders statement to the relevant market operator. |
To be done on the day the announcement is made |
5 |
The bidder must lodge with ASIC: · a copy of the bidders statement; and · a copy of any other document that was sent with the bidders statement to the relevant market operator. |
To be done on the day the announcement is made |
6 |
The bidder must send to each holder of bid class securities (other than the bidder): · a copy of the bidders statement; and · a copy of any other document that was sent with the bidders statement to the relevant market operator. |
Within 14 days after the announcement is made. Sections 648B and 648C provide for the manner in which documents may be sent to holders. |