Section 605 — Corporations Act 2001: Classes of securities

(1) Takeover bids are made for securities within a particular class. Similarly, compulsory acquisition and buy-out rights operate on securities within a particular class. (2) For the purposes of this Chapter and Chapters 6A and 6C, securities are not taken to be different classes merely because: (a) some of the securities are fully-paid and others are partly-paid; or (b) different amounts are paid up or remain unpaid on the securities.