Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) An offer to which this Division applies cannot remain open more than 12 months after the date of offer.
(2) The offer may be withdrawn by the offeror at any time, but not within 1 month of the date of offer.
(3) The offer may only be withdrawn by the offeror by sending a withdrawal document in printed or electronic form to the offeree in accordance with paragraphs 1019E(1)(a) and (b). The withdrawal document must identify the offeror and be dated.
(4) A purported withdrawal of the offer contrary to subsection (2) or (3) is ineffective.
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