Document ID: chunk:federal_register_of_legislation:C2023C00441:section:21
Version: federal_register_of_legislation:C2023C00441
Segment Type: section
Provision Reference: s 21
Character Range: 32203–32932

21  Board must not trigger the takeover provisions of the Corporations Act 2001
 (1) Section 606 of the Corporations Act 2001 does not apply to an acquisition by the Board if the acquisition is the result of a transfer under clause 6 or 7 of Schedule 1 to this Act.
 (2) Subsections 606(1A) and (2A) and section 611 of the Corporations Act 2001 do not apply to an acquisition by the Board if the acquisition is the result of the performance by the Board of its Future Fund investment functions.
 (3) A failure by the Board to comply with section 606 of the Corporations Act 2001 (as modified by this section) does not affect the validity of any transaction.
Note: See also section 39 (application of the Corporations Act 2001).