Section 650G — Corporations Act 2001: Contracts and acceptances void if defeating condition not fulfilled

All takeover contracts, and all acceptances that have not resulted in binding takeover contracts, for an off-market bid are void if: (a) offers made under the bid have at any time been subject to a defeating condition; and (b) the bidder has not declared the offers to be free from the condition within the period before the date applicable under subsection 630(1) or (2); and (c) the condition has not been fulfilled at the end of the offer period. A transfer of securities based on an acceptance or contract that is void under this section must not be registered.