Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_605
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 605
Character Range: 155916–156473

605  Classes of securities

 (1) Takeover bids are made for securities within a particular class. Similarly, compulsory acquisition and buy‑out rights operate on securities within a particular class.

 (2) For the purposes of this Chapter and Chapters 6A and 6C, securities are not to be taken to be different classes merely because:
 (a) some of the securities are fully‑paid and others are partly‑paid; or
 (b) different amounts are paid up or remain unpaid on the securities.

Part 6.1—Prohibited acquisitions of relevant interests in voting shares