Regulatory Alerts2024-03-26 | RG-006RG 6 Takeovers: Exceptions to the general prohibition
The Australian Securities and Investments Commission issued this guide to assist listed and unlisted entities, investors, and advisers in relying on exceptions to the general prohibition in section 606 of the Corporations Act 2001. It explains the administration of these exceptions and details how the regulator may exercise discretionary powers, including modifying their operation or granting exemptions. The document serves as a reference for navigating transactions, acquisitions, or corporate actions that fall under these specific regulatory carve-outs.
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