Commonwealth Consolidated Regulations

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION REGULATIONS 2001 - REG 23

Expressions of interest by non - parties

  (1)   The Takeovers Panel may give notice to a person, or to the public at large, of a decision by the Takeovers Panel to conduct proceedings.

  (2)   A notice must include a description of the nature of the proceedings.

  (3)   A notice may invite a person who is not a party to the proceedings to give, within a time allowed by the Takeovers Panel, a written expression of interest in the proceedings:

  (a)   stating the nature of the interest of the person in the proceedings; and

  (b)   setting out the reasons why the Takeovers Panel should consider a written submission of the person in relation to the proceedings.

  (4)   The Takeovers Panel may, by written notice to the person, vary the period mentioned in subregulation   (3).



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