Document ID: chunk:federal_register_of_legislation:F2023C00948:body:0:p1
Version: federal_register_of_legislation:F2023C00948
Segment Type: other
Provision Reference: 
Character Range: 0–3112

ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684

made under subsection 669(1) of the Corporations Act 2001

                    Compilation No. 1
                    Compilation date: 19 October 2023
                    Includes amendments up to: F2023L01396

About this compilation

This compilation
This is a compilation of the ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684 that shows the text of the law as amended and in force on 19/10/2023 (the compilation date).
The notes at the end of this compilation (the endnotes) include information about amending laws and the amendment history of provisions of the compiled law.

Uncommenced amendments
The effect of uncommenced amendments is not shown in the text of the compiled law. Any uncommenced amendments affecting the law are accessible on the Register (www.legislation.gov.au). The details of amendments made up to, but not commenced at, the compilation date are underlined in the endnotes. For more information on any uncommenced amendments, see the Register for the compiled law.

Application, saving and transitional provisions for provisions and amendments
If the operation of a provision or amendment of the compiled law is affected by an application, saving or transitional provision that is not included in this compilation, details are included in the endnotes.

Modifications
If the compiled law is modified by another law, the compiled law operates as modified but the modification does not amend the text of the law. Accordingly, this compilation does not show the text of the compiled law as modified. For more information on any modifications, see the Register for the compiled law.

Self‑repealing provisions
If a provision of the compiled law has been repealed in accordance with a provision of the law, details are included in the endnotes.

Contents
Part 1—Preliminary
1 Name of legislative instrument
2 Commencement
3 Authority
4 Definitions
Part 2—Declaration
5 Compulsory acquisitions and buy-outs following takeover bid
Part 3—Repeal
6 Repeal
Endnotes
Endnote 1—About the endnotes
Endnote 2—Abbreviation key
Endnote 3—Legislation history
Endnote 4—Amendment history

Part 1—Preliminary

1 Name of legislative instrument
This is the ASIC Corporations (Compulsory Acquisitions and Buyouts) Instrument 2023/684.

2 Commencement
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Note: The register may be accessed at www.legislation.gov.au.

3 Authority
This instrument is made under subsection 669(1) of the Corporations Act 2001.

4 Definitions
In this instrument:
Act means the Corporations Act 2001.

Part 2—Declaration

5 Compulsory acquisitions and buy-outs following takeover bid
Chapter 6A of the Act applies to all persons as if the following provisions were modified or varied as follows:
(a) in section 661A:
(i) in subsection (1), at the end, insert:

"If the bidder compulsorily acquires securities in the bid class under this subsection, the bidder may also compulsorily acquire non-transferable securities