CTHIn ForceLegislation
ASIC Corporations (Takeover Bids) Instrument 2023/683
“(g) if any securities (other than manag“(g) if any securities (other than managed investment products, foreign passport fund products, or securities in a CCIV) are offered as consideration under the bid and:
Start here
Get a plain-English read of “(g) if any securities (other than manag
Turn the raw legal text into a practical explanation grounded in ASIC Corporations (Takeover Bids) Instrument 2023/683.
“(g) if any securities (other than managed investment products, foreign passport fund products, or securities in a CCIV) are offered as consideration under the bid and:
(i) the bidder is the body that has issued or will issue the securities; or
(ii) the bidder is a person that controls that body; or
(iii) that body agrees to the bidder offering, or authorises, arranges for or permits the bidder to offer the securities;