Australian Securities and Investments Commission Class Order [Co 03/632] (Cth)

Australian Securities and Investments Commission
Corporations Act 2001 — Subsection 655A(1) — Variation

Under subsection 655A(1) of the Corporations Act 2001 the Australian Securities and Investments Commission varies Class Order [CO 00/344] by:

1.    in Schedule B:

(a)   omitting from the introductory words “by a time which is:” and substituting “before:”;

(b)   omitting “prior to” from paragraph (a); and

(c)   omitting “within the” from paragraph (b) and substituting “the latest”; and

2.    in Schedule D:

(a)   omitting subparagraph 3(a)(i) and substituting:

“(i)  the target agrees in writing, following approval of this agreement in any of the ways a target’s statement must be approved under subsection 639(1); or”; and

(b)   after paragraph 3 adding:

“4    The bidder dates the replacement bidder’s statement with the day on which it lodges the replacement bidder’s statement.

5     The bidder in the replacement bidder’s statement:

(a)   explains that the replacement bidder’s statement replaces the original bidder’s statement; and

(b)   gives the date that the original bidder’s statement was lodged.”.

Dated this 22nd of September 2003

Signed by Stephen Yen, PSM

as a delegate of the Australian Securities and Investments Commission