Commonwealth Numbered Acts

CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 645

645. (1) The Commission may, on application made by an offeror before the time
by which the consideration specified in the takeover offer is required by the
terms of the offer to be paid or provided, fix a later time as the time by
which that consideration is to be paid or provided.

(2) Where a later time is so fixed, that later time shall be deemed to be
specified in the offer, or, if the offer has been accepted, in the contract
that resulted from the acceptance, in substitution for the time actually
specified.

(3) An offeror shall ensure that the consideration specified in the takeover
offer is paid or provided by the time so specified or deemed to be specified.