Fee—notices of right to be bought out
4E Fee—notices of right to be bought out
For the purposes of section 5 of the Act, and subject to regulation 4H of these Regulations, the fee set out in subregulation (2) of this regulation is prescribed for lodging a notice under paragraph 662B(1)(b) of the Corporations Act relating to a right to buy out holders of bid class securities following a takeover bid, if:
the threshold value for the lodgement is equal to or greater than $10 million; and
the lodgement occurs between 1 January 2025 and 31 December 2027.
For the purposes of subregulation (1), the fee is the fee worked out using the following table:
Fee | ||
|---|---|---|
Item | Column 1 If the threshold value for the lodgement is … | Column 2 then the fee is … |
1 | greater than $500 million | $194,359. |
2 | (a) less than or equal to $500 million; and (b) equal to or greater than $100 million | $144,359. |
3 | (a) less than $100 million; and (b) equal to or greater than $35 million | $49,359. |
4 | (a) less than $35 million; and (b) equal to or greater than $10 million | $9,359. |
This Act’s bill:Explanatory statement
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