Commonwealth Numbered Acts

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CORPORATIONS ACT 1989 No. 109 of 1989 - SECT 679

Part C statements
679. (1) An offeror who makes offers by an announcement in accordance with
subsection 674 (1) in relation to shares in a company shall:

   (a)  on the day on which the announcement is made:

        (i)    serve on the target company a Part C statement relating to the
               offers that is signed:

                (A)  where the offeror is, or includes, a natural person or
                     natural persons, by that person or by each of those
                     persons; and

                (B)  where the offeror is, or includes, a body corporate or
                     bodies corporate, by not fewer than 2 directors of the
                     body corporate, or by 2 directors of each of the bodies
                     corporate, authorised to sign the statement by a
                     resolution passed at a meeting of the directors, or, in
                     the case of a body corporate that has only one director,
                     by that director;

        (ii)   serve a copy of the statement on the target company's home
               stock exchange; and

        (iii)  lodge a copy of the statement; and

   (b)  before the end of 14 days after the day on which the announcement is
        made, send a copy of the statement in an approved manner to each
        holder of shares in the class to which the announcement relates.

(2) A Part C statement may contain, in addition to the information referred to
in Part C in section 750, such information as the offeror thinks fit, other
than information that is false in a material particular or materially
misleading. 


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