Regulatory Alerts2013-06-21 | RG-009RG 9 Takeover bids
The Australian Securities and Investments Commission issued this guide to outline its regulatory role and interpretation of takeover provisions in Chapter 6 of the Corporations Act. It explains how ASIC exercises discretionary powers, including the authority to exempt or modify these provisions for listed and unlisted entities. The document serves as a resource for entities, advisers, and investors involved in takeover bids.
Issued 27 March 2024
This guide is for listed and unlisted entities, their advisers, and investors involved in a takeover bid. It:
discusses ASIC’s regulatory role in relation to takeover bids and how we interpret and administer the requirements of the takeover provisions in Ch 6 of the Corporations Act, and
explains how we exercise our discretionary powers in relation to takeover bids, including the power to exempt from, or modify, the takeover provisions.
Download the guide (PDF 1.3 MB)
Note: From 27 July 2020, fundraising and corporate finance documents should be lodged through the ASIC Regulatory Portal . For more information, see how you lodge fundraising and corporate finance documents .
See Cross-references to June 2013 takeover regulatory guidance for information about consolidation of previous guidance