Commonwealth Consolidated Acts

INSURANCE ACQUISITIONS AND TAKEOVERS ACT 1991 - SECT 51

                   For the purposes of this Part, if:

                     (a)  either of the following subparagraphs applies:

                              (i)  one or more persons enter into an agreement in relation to an Australian‑registered insurance company;

                             (ii)  a constituent document of an Australian‑registered insurance company is altered; and

                     (b)  the agreement or alteration has an effect mentioned in paragraph 50(b);

the following provisions have effect:

                     (c)  if subparagraph (a)(i) applies--each of the persons is taken to have carried out a trigger proposal;

                     (d)  if subparagraph (a)(ii) applies--the company is taken to have carried out a trigger proposal.