Document ID: chunk:federal_register_of_legislation:C2025C00115:section:8
Version: federal_register_of_legislation:C2025C00115
Segment Type: section
Provision Reference: s 8
Character Range: 23822–24545

8  Proposals to acquire shares or assets
 (1) For the purposes of this Act, a person is taken to propose to acquire shares or assets if the person:
 (a) makes an offer to acquire the shares or assets; or
 (b) makes or publishes a statement (however expressed) that expressly or impliedly invites a holder of the shares or assets to offer to dispose of the shares or assets; or
 (c) takes part in, or proposes to take part in, negotiations with a view to the acquisition of the shares or assets.
 (2) A reference in this section to an asset includes a reference to any or all of the interests, rights or benefits of an Australian‑registered insurance company under a contract of insurance where the company is the insurer.