(1) At any time during Takeovers Panel proceedings, the Takeovers Panel may request a party to lodge with the Takeovers Panel a submission that addresses a matter specified in the request.
(2) The Takeovers Panel may give a copy of the submission to each party.
(3) The Takeovers Panel may direct a party who receives a copy of a submission (the first submission ) to lodge, at or before a time specified in writing by the Takeovers Panel, with the Takeovers Panel not more than 1 submission that:
(a) rebuts a matter, or matters, in the first submission; and
(b) does not include material that is not necessary to support
the rebuttal.