Corporations Act 2001

CHAPTER 6 - TAKEOVERS  

Note: This Chapter only applies to acquisitions of interests in a CCIV if the CCIV is a listed company: see Division 1 of Part 8B.7 .

PART 6.10 - REVIEW AND INTERVENTION  

Division 2 - The Takeovers Panel  

Subdivision B - Unacceptable circumstances  

SECTION 657C   APPLYING FOR DECLARATIONS AND ORDERS  

657C(1)    
The Takeovers 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)    
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 Takeovers Panel (see paragraph 1317C(gc) ).


657C(3)    
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 Takeovers Panel.


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