Companies (Acquisition of Shares) Regulations (Amendment) (Cth)

Statutory Rules 1984 No. 2441

Companies (Acquisition of Shares)

Regulations2 (Amendment)

WHEREAS it is provided by sub-section 62 (2) of the Companies (Acquisition of Shares) Act 1980 that the power of the Governor-General to make regulations under that Act shall be exercised only in accordance with advice that is consistent with resolutions of the Ministerial Council for Companies and Securities:

AND WHEREAS the making of the following Regulations is in accordance with advice that is consistent with those resolutions:

NOW THEREFORE I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Companies (Acquisition of Shares) Act 1980.

Dated 14 September 1984.

N.M. STEPHEN

Governor-General

By His Excellency’s Command,

(Sgd) Gareth Evans

Attorney-General

1. After regulation 14 of the Companies (Acquisition of Shares) Regulations the following regulation is inserted:

Service of notices

“15. A notice referred to in regulation 10, 11, 12, 13 or 14 shall be given to a person by—

(a) delivering the notice to the person personally; or

(b) sending the notice by prepaid post addressed to the person at his usual or last known place of residence or business.”.

 

S.R. 242/83 Cat. No. —Recommended retail price 20c  12/23.8.1984

 

Schedule

2. The Schedule to the Companies (Acquisition of Shares) Regulations is amended by omitting from the directions at the end of each of Forms 3, 4, 5, 6 and 7 “signed in the same manner as a Part A statement is required to be signed by paragraph 16 (2) (d) of the Companies (Acquisition of Shares) Act 1980” and substituting “signed—

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

(b) where the offeror is or includes a corporation or corporations, by a director or secretary or the principal executive officer of the corporation or each of those corporations”.

NOTES

1. Notified in the Commonwealth of Australia Gazette on 21 September 1984.

2. Statutory Rules 1981 No. 125 as amended by 1982 No. 130; 1983 No. 318.

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