Regulatory Alerts2013-06-21 | RG-010RG 10 Compulsory acquisitions and buyouts
The Australian Securities and Investments Commission issued Regulatory Guide 10 to guide persons undertaking or subject to compulsory acquisitions and buyouts under Chapter 6A of the Corporations Act. The document explains the underlying purposes of these provisions, details exemptions and modifications, and outlines the process for nominating experts to prepare reports under section 667AA. It also addresses how the regulator administers these rules and considers case-by-case relief from the relevant requirements.
Issued 27 March 2024
This guide is for persons who are undertaking, or are subject to, a compulsory acquisition under Ch 6A of the Corporations Act. It is also for persons who are required to give, or are entitled to, buyout rights.
This guide:
discusses the purposes underlying compulsory acquisition and buyout rights and how we administer the provisions of Ch 6A,
explains the exemptions we have provided and modifications we have made to the relevant requirements, and when we will consider case-by-case relief from the provisions, and
outlines our process for nominating persons to prepare an expert’s report under s667AA.
Download the guide (PDF 741 KB)
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.