CORPORATIONS ACT 2001 - SECT 664AA Time limit on exercising compulsory acquisition power

CORPORATIONS ACT 2001 - SECT 664AA

    The 90% holder in relation to a class of securities of a company may compulsorily acquire securities in that class under section   664A only if the holder lodges the compulsory acquisition notice for the acquisition with ASIC under paragraph   664C(2)(a) within whichever of the following periods ends last:

  (a)   the period of 12 months that started on 13   March 2000; or

  (b)   the period of 6 months after the 90% holder becomes the 90% holder in relation to that class.