Section 613 — Corporations Act 2001: Bidder not to exercise voting rights if failure to send bids for off-market acquisition—exception 2 or 3

If the exception in item 2 or 3 of the table in section 611 applies to an acquisition on-market during a takeover bid, the bidder is not entitled to exercise the voting rights attached to the shares if: (a) the bid is an off-market bid; and (b) the bidder fails to send offers under the bid within 28 days after giving the bidder’s statement to the target.