Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_647
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 647
Character Range: 247434–248306

647  To whom supplementary statement must be sent

 (1) A supplementary bidder's statement must be sent to the target as soon as practicable.

 (2) A supplementary target's statement must be sent to the bidder as soon as practicable.

 (3) Either kind of supplementary statement must as soon as practicable be:
 (a) lodged with ASIC; and
 (b) if the bid class securities are quoted and the target is listed—sent to each relevant securities exchange that has a stock market on which the target's securities are quoted; and
 (c) if the bid is an off‑market bid and the bid class securities are not quoted—sent to all holders of bid class securities who have not accepted an offer under the bid.

Note: Sections 648B and 648C provide for the manner in which documents may be sent to holders.

Division 5—General rules on takeover procedure

Subdivision A—Experts' reports