Document ID: chunk:federal_register_of_legislation:C2025C00185:section:609a:p3
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 609A (pt 3/3)
Character Range: 2449181–2450310

of bid class securities:
 (i) in which the bidder and its associates have a relevant interest; and
 (ii) which are subject of acceptances in relation to the facility; and
 (b) discloses the breakdown between the 2 categories in subparagraphs (a)(i) and (ii) of this subsection; and
 (c) includes a statement setting out the preconditions for the operator of the facility releasing the acceptances and warning that the acceptances may be withdrawn by participants in the facility at any time until the preconditions are met.

Definitions
 (5) In this section:
acceptance, in relation to a facility, means an instrument that comprises:
 (a) a participant in the facility's completed acceptance of a bidder's offer for bid class securities; or
 (b) a participant in the facility's instructions to another person who holds bid class securities on behalf of the participant to accept a bidder's offer for bid class securities.
participant, in a facility, means:
 (a) a holder of bid class securities who is specified in the facility; or
 (b) a person who is specified in the facility and on whose behalf bid class securities are held.