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StatuteCorporations Act 2001

Section 650A — Corporations Act 2001: General

Text of the provision Official document

(1) A bidder may only vary the offers under an off-market bid in accordance with section 650B, 650C or 650D. Note: ASIC may allow other variations under section 655A. (2) If the bidder varies the offer under an off-market bid in accordance with section 650B, 650C or 650D, the bidder must vary all unaccepted offers under the bid in the same way. Note: Subsections 650B(2) and (3) deal with the effect of a variation on takeover contracts that have already resulted from acceptances of offers under the bid when the variation is made.

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.