Commonwealth Consolidated Regulations Commonwealth Consolidated Regulations(1) If the Takeovers Panel decides to conduct proceedings, it must, after receiving the application:
(a) give a copy of the brief for the proceedings to:
(i) the Commission; and
(ii) to each company to which, or person to whom, the application relates; and
(b) invite each body or person mentioned in paragraph (a) to lodge with the Takeovers Panel a written submission addressing the issues identified in the brief.
(2) If the Takeovers Panel decides to conduct proceedings it may give written notice of the decision to any other body or person.
(3) The Takeovers Panel must:
(a) give a copy of the brief to the body or person; and
(b) invite the body or person to lodge with the Takeovers Panel a written submission addressing the issues identified in the brief that are specified in the invitation.