Commonwealth Consolidated Regulations

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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION REGULATIONS 2001 - REG 27

Abuse of Takeovers Panel procedures to be noted

    If a matter in a written submission made to the Takeovers Panel is frivolous or vexatious, the Takeovers Panel must place on the submission a note stating:

  (a)   that the Takeovers Panel has disregarded the matter in accordance with paragraph   26(1)(b); and

  (b)   the reasons why the Takeovers Panel believes the matter to be frivolous or vexatious.


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