44
CurrentMeaning of significant action—actions prescribed by the regulations
Part 2Actions to which this Act applies
Division 2Meaning of significant action
44 Meaning of significant action—actions prescribed by the regulations
(1)
The regulations may provide that a specified action is a significant action (including by providing that a specified action is a significant action if specified conditions are met).
(2)
Sections 40, 41 and 43 do not limit the actions that may be specified by the regulations.
Note:
For example, the regulations may specify an action without requiring the threshold test to be met or a change in control.
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