Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:3_24
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 3 cl 24
Character Range: 665666–666280

24  Subsection 239(1)
Repeal the subsection, substitute:

 (1) This section applies if:
 (a) a life company or the holding company of a life company:
 (i) lodges a document, or a copy of a document, with ASIC; or
 (ii) is given a document, or a copy of a document;
  for the purposes of a provision in Parts 6.4 to 6.8 of the Corporations Law of a State or an internal Territory; and
 (b) the document:
 (i) relates to an off-market bid; and
 (ii) is not given under section 641 of that Law.

Note: The heading to section 239 is altered by omitting "takeover schemes" and substituting "off-market takeover bids".