257E
In forceBuy‑back procedure—lodgment of offer documents with ASIC
Volume 1Chapter 1, Part 1.1 to Chapter 2J, Part 2J.4 sections 1 to 260E
Chapter 2JTransactions affecting share capital
Part 2J.1Share capital reductions and share buy‑backs
Division 2Share buy‑backs
257E Buy‑back procedure—lodgment of offer documents with ASIC
If section 257B applies this section to a buy‑back, the company must lodge with ASIC, before the buy‑back agreement is entered into, a copy of:
(a)
a document setting out the terms of the offer; and
(b)
any document that is to accompany the offer.
This Act’s bill:Explanatory memorandumSecond reading speech
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