Commonwealth Consolidated Acts

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INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 - SECT 37

When trigger proposal carried out

                   For the purposes of this Part, if one or more persons:

                     (a)  acquire assets as mentioned in paragraph 36(a); or

                     (b)  enter into an arrangement as mentioned in paragraph 36(b); or

                     (c)  acquire interests, rights or benefits as mentioned in paragraph 36(c), (d) or (e);

the person is, or each of the persons are, taken to have carried out a trigger proposal.


 


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