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CORPORATIONS ACT 2001 - SECT 1019H Terms of offer cannot be varied

CORPORATIONS ACT 2001 - SECT 1019H

Terms of offer cannot be varied

  (1)   The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied.

  (2)   A purported variation of the terms of the offer is ineffective.

  (3)   This section does not:

  (a)   affect the offeror's obligation under section   1019J to update the market value of the financial product to which the offer relates; or

  (b)   prevent the offeror from withdrawing the offer in accordance with section   1019G or paragraph   1019J(2)(a) and making another offer on different terms; or

  (c)   prevent the offeree from making a counter - offer on different terms.

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