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StatuteCorporations Act 2001

Section 1019H — Corporations Act 2001: Terms of offer cannot be varied

Text of the provision Official document

(1) The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied. (2) A purported variation of the terms of the offer is ineffective. (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.

Official source: Federal Register of Legislation

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Statutory text from an official public source. Informational content — does not replace advice from a qualified legal practitioner.