Commonwealth Consolidated Regulations

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CORPORATIONS REGULATIONS 2001 - REG 6.6.01

Right to withdraw acceptance

  (1)   For paragraph   650E(3)(a) of the Act, a notice under paragraph   650E(2)(a) of the Act relating to securities entered on a register or subregister of a prescribed CS facility must be in a form approved by the operating rules of that prescribed CS facility for Part   6.6 of the Act (which may include an electronic form).

  (2)   For paragraph   650E(4)(a) of the Act, if securities are entered on a register or subregister of a prescribed CS facility, a person to whom section   650E of the Act applies must take the action that the operating rules of the prescribed CS facility require in relation to the return of the securities.

  (3)   For paragraph   650E(5)(a) of the Act, if a person withdraws an acceptance of an offer, the bidder must take any action that the operating rules of the prescribed CS facility require in relation to any of the securities:

  (a)   to which the acceptance relates; and

  (b)   that are entered on a register or subregister of the prescribed CS facility.

 



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