Document ID: chunk:federal_register_of_legislation:F2021L00131:reg:5:p1
Version: federal_register_of_legislation:F2021L00131
Segment Type: reg
Provision Reference: reg 5 (pt 1/2)
Character Range: 1677–4560

5  Definitions
  In these Rules:

  application means an application:
(a)     under section 657C of the Corporations Act for a declaration of unacceptable circumstances or an order
(b)     under section 657EA of the Corporations Act for a review of a Panel decision or
(c)     under section 656A of the Corporations Act for a review of an ASIC decision.
  ASIC means the Australian Securities and Investments Commission.

  ASIC Act means the Australian Securities and Investments Commission Act 2001 (Cth).

  ASIC Regulations means the Australian Securities and Investments Commission Regulations 2001 (Cth).

  ASX means the Australian Securities Exchange.

  case stated means a statement of the question of law that the Court is asked to answer and any facts relevant to the Court's consideration of that question.

  Corporations Act means the Corporations Act 2001 (Cth).

  Corporations Regulations means the Corporations Regulations 2001 (Cth).

  Court has the meaning given in section 58AA of the Corporations Act.

  declaration means a declaration of unacceptable circumstances made under section 657A of the Corporations Act.

  Executive means any or all of the staff of the Commonwealth Department of Treasury, and secondees, working for the Takeovers Panel.

  final orders means orders made under section 657D of the Corporations Act.

  guidelines means the guidelines to these Rules as published by the Takeovers Panel from time to time.

  interested person includes:
(a)     a person entitled to be heard by the Panel before it makes a decision sought by the application
(b)     a person to whom a proposed declaration relates or
(c)     a person to whom a proposed order would be directed.
  interim orders means orders made under section 657E of the Corporations Act.

  matter means a particular matter in which the Panel performs or exercises its functions or powers.

  Notice to Become a Party means a notice in the form approved by the Panel by which a person seeks to become a party.

Note: The form of Notice to Become a Party is available on the Takeovers Panel's website (https://www.takeovers.gov.au/).
  orders means final orders or interim orders.

  Panel means the sitting Panel constituted under section 184 of the ASIC Act in relation to a matter.

  party means, in relation to proceedings:
(a)     an applicant
(b)     ASIC
(c)     any person who provides a Notice to Become a Party which is accepted by the Panel
(d)     any person deemed to be a party by the Panel under Rule 16(6) and
(e)     any person who is a party within the meaning of section 657EA(1)(a) of the Corporations Act.
  President means the substantive President of the Takeovers Panel appointed under section 173 of the ASIC Act and includes, where relevant, an Acting President appointed under section 182 of the ASIC Act.

  proceedings means the proceedings commenced