Corporations Act 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS  

Note: This Chapter applies to a CCIV in a modified form: see Division 4 of Part 8B.7 .

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE, SALE AND PURCHASE OF FINANCIAL PRODUCTS  

Division 5A - Unsolicited offers to purchase financial products off-market  

SECTION 1019H   TERMS OF OFFER CANNOT BE VARIED  

1019H(1)    
The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied.

1019H(2)    
A purported variation of the terms of the offer is ineffective.

1019H(3)    
This section does not:

(a)    affect the offeror's obligation under section 1019J to update the market value of the financial product to which the offer relates; or

(b)    prevent the offeror from withdrawing the offer in accordance with section 1019G or paragraph 1019J(2) (a) and making another offer on different terms; or

(c)    prevent the offeree from making a counter-offer on different terms.



 

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