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CORPORATIONS ACT 2001 - SECT 601CQ Effect of right to acquire shares compulsorily

CORPORATIONS ACT 2001 - SECT 601CQ

Effect of right to acquire shares compulsorily

    Where:

  (a)   a law of the place of origin of a foreign company that corresponds to section   414, 661A or 664A entitles a person to give notice to another person that the first - mentioned person wishes to acquire shares in the foreign company that the other person holds; and

  (b)   some or all of those shares are registered in a register kept under section   601CM;

sections   601CM, 601CN and 601CP cease to apply in relation to the foreign company until the first - mentioned person acquires, or ceases to be entitled to acquire, the shares so registered.