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Home/Legislation/ASIC Corporations (Takeover Bids) Instrument 2023/683/“The condition referred to in this subse

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ASIC Corporations (Takeover Bids) Instrument 2023/683

“The condition referred to in this subse“The condition referred to in this subsection is not a defeating condition.”;

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Turn the raw legal text into a practical explanation grounded in ASIC Corporations (Takeover Bids) Instrument 2023/683.

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“The condition referred to in this subsection is not a defeating condition.”;

(j) omit subsection 630(4), substitute:

Previous section“(4) For the purposes of this section, c“(4) For the purposes of this section, close of ordinary trading, in relation to a particular day, means the latest time specified in the rules governing the operation of each prescribed financial market on which bid class securities are quoted (or as otherwise determined by the relevant market operator) as the time after which no further on-market transactions may be effected on that day.

Next section“Bidder to give notice if defeating cond“Bidder to give notice if defeating condition fulfilled

Section “The condition referred to in this subse - ASIC Corporations (Takeover Bids) Instrument 2023/683 - “The condition referred to in this subsection is not a defeating condition.”; | Zoe