Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

COMPANIES (ACQUISITION OF SHARES) ACT 1980 No. 64 of 1980 - SECT 25

Acceptance of take-over offers by third parties
25. Where, at the time when a take-over offer is made to a person or at any
time during the period in which the offer remains open, another person is, or
is entitled to be registered as, the holder of shares to which the offer
relates, then-

   (a)  a corresponding take-over offer shall be deemed to have been made to
        that other person in respect of those shares; and

   (b)  a corresponding take-over offer shall be deemed to have been made to
        the first-mentioned person in respect of any other shares to which the
        offer relates. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback