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ASIC Corporations (Takeover Bids) Instrument 2023/683
“(3A) Notwithstanding subsection (3), a “(3A) Notwithstanding subsection (3), a notice under subsection (1) need not be signed if the notice is approved by:
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“(3A) Notwithstanding subsection (3), a notice under subsection (1) need not be signed if the notice is approved by:
(a) for a bidder that is a body corporate:
(i) if the consideration offered under the bid is a cash sum only—a resolution passed by the directors of the bidder; or
(ii) otherwise—a unanimous resolution passed by all the directors of the bidder; or
(b) for a bidder who is an individual—the bidder.”;
(e) omit paragraph 650F(1)(a), substitute: