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CORPORATIONS REGULATIONS 2001 - REG 10.2.129 Bidder's statement content

CORPORATIONS REGULATIONS 2001 - REG 10.2.129

Bidder's statement content

  (1)   For section   1444 of the Act, this regulation applies if:

  (a)   after the FSR commencement, a bidder offers managed investment products as consideration under a takeover bid; and

  (b)   Division   2 of Part   7.9 of the Act does not apply to the managed investment products when the bidder lodges with ASIC the bidder's statement under section   636 of the Act.

  (2)   Paragraph   636(1)(g) of the Act applies to the bidder's statement as if the managed investment products were securities other than managed investment products.

  (3)   Paragraph   636(1)(ga) of the Act does not apply to the bidder's statement.