Commonwealth Numbered Acts

COMPANIES (ACQUISITION OF SHARES) AMENDMENT ACT 1981 No. 2 of 1981 - SECT 9

9. Section 23 of the Principal Act is amended by inserting after sub-section
(2) the following sub-section:



"(2A) Where-

   (a)  a target company obtains a report for the purposes of compliance with
        sub-section (1); and

   (b)  the report contains a statement to which sub-section 37 (2) or 38 (2)
        would apply if the statement were to be made or issued by the target
        company, the report shall not be used for the purposes of compliance
        with sub-section (1), and, notwithstanding sub-section (2), shall not
        accompany the relevant Part B statement, except with the consent in
        writing of the Commission and in accordance with such conditions (if
        any) as are specified by the Commission.".