7.9.95D
CurrentRights if requirements not complied with
Chapter 7Financial services and markets
Part 7.9Financial product disclosure and other provisions relating to issue and sale of financial products
Division 13Unsolicited offers to purchase financial products off market
Subdivision AModifying provisions of Part 7.9 of the Act: offers to purchase securities in certain proprietary companies
7.9.95D Rights if requirements not complied with
Part 7.9 of the Act applies in relation to the offer as if subsection 1019K(1) of the Act were modified by inserting after paragraph 1019K(1)(b) of the Act:
(ba)
in a situation where section 1019H applies:
(i)
subsection 1019H(2) was not complied with; or
(ii)
the supplementary offer document did not comply with subsection 1019H(3); or
(iii)
there was a misleading or deceptive statement in the supplementary offer document;
This Act’s bill:Explanatory statement
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