Section 601CQ — Corporations Act 2001: Effect of right to acquire shares compulsorily

Where: (a) a law of the place of origin of a foreign company that corresponds to section 414, 661A or 664A entitles a person to give notice to another person that the first-mentioned person wishes to acquire shares in the foreign company that the other person holds; and (b) some or all of those shares are registered in a register kept under section 601CM; sections 601CM, 601CN and 601CP cease to apply in relation to the foreign company until the first-mentioned person acquires, or ceases to be entitled to acquire, the shares so registered.