Document ID: chunk:federal_register_of_legislation:C2024A00087:clause:2_852dg
Version: federal_register_of_legislation:C2024A00087
Segment Type: clause
Provision Reference: sch 2 cl 852DG
Character Range: 198652–199382

852DG  Application for approval to exceed 20% voting power limit
  A person may apply for approval to have voting power of more than 20% in a particular controlled Australian financial body by lodging with ASIC an application in the prescribed form that sets out:
 (a) the percentage of voting power (if any) the person currently has in the body; and
 (b) the percentage of voting power the person is seeking approval to have in the body; and
 (c) the period (whether indefinite or not) the person is seeking the approval for; and
 (d) the person's reasons for making the application.
Note 1: For fees in respect of lodging applications, see Part 9.10.
Note 2: For applications to vary an approved percentage, see section 852DM.