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StatuteCorporations Act 2001

Section 648CB — Corporations Act 2001: Sending documents to holders of securities—effect of election by holder to be sent documents by target in particular form

Text of the provision Official document

(1) This section applies if the target for a takeover bid has informed the bidder in accordance with paragraph 641(1)(ab) that an election of a holder of securities under section 110E to be sent documents in physical form or electronic form is in force. (2) An election of the holder under section 110E to be sent documents by the bidder in the relevant form is taken to be in force from the time the target informs the bidder of the election. (3) The election is taken to be made in relation to all documents required or permitted to be sent by the bidder under: (a) this Chapter; or (b) Part 6A.1; or (c) any other provision of this Act, to the extent that it relates to the provisions mentioned in paragraphs (a) and (b). (4) Subsection (2) has effect subject to any notification of withdrawal of the election received by the bidder from the holder of securities in accordance with paragraph 110E(7)(b).

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.