Corporations Act 2001
CCH Note: Section 660B is modified by the ASIC Corporations (Takeover Bids) Instrument 2023/683; and the ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684.
This Chapter extends to the acquisition of interests in a registered scheme that is also listed as if: (a) the scheme were a 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.
660B(2)
If Part 6A.1 applies to a scheme at the end of the bid period for a takeover, that Part continues to apply to the scheme in relation to the takeover bid even if the scheme ceases to be listed.
660B(3)
If Part 6A.2 applies to a scheme when a compulsory acquisition notice under section 664C is lodged, that Part (including Division 2 of that Part) continues to apply to the scheme in relation to the notice even if the scheme ceases to be listed.
[ CCH Note: S 660B(3) will be amended by No 69 of 2020, s 3, Sch 1[1019], by inserting " with the Registrar " after " lodged " , (effective 1 July 2026 or a day or days to be fixed by Proclamation).]
660B(4)
The regulations may modify the operation of this Chapter as it applies in relation to the acquisition of interests in listed registered schemes.
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