Document ID: chunk:federal_register_of_legislation:C2004A04041:section:1990:p97
Version: federal_register_of_legislation:C2004A04041
Segment Type: section
Provision Reference: s 1990 (pt 97/212)
Character Range: 256019–258970

(3) and (4):

  Omit "or (2)".

Paragraph 710 (1) (a):

  Omit "that is a corporation".

Subsection 710 (2):

  Omit the subsection.

Subsections 710 (3) and (4):

  Omit "or (2)" (first occurring).

SCHEDULE 1—continued

Paragraph 710 (3) (c) and subsection 710 (4):

  Omit "or (2) (a), as the case may be".

Subsection 711 (1):

  Omit "that is a corporation".

Subsection 711 (2):

  Omit the subsection.

Subsections 711 (3) and (4):

  Omit "or (2)".

Paragraphs 715 (1) (a) and (b):

  After "corresponding" insert "previous".

Subsections 718 (1), (2) and (4) and 719 (1) and (3), section 720, subsections 721 (1) and 722 (1) and (2), section 723, subsection 724 (1) and section 725:

  Omit "that is a corporation".

Subsection 718 (2):

  Omit "such".

Subsection 724 (1):

  After "corresponding" insert "previous".

Subparagraphs 724 (2) (b) (i) and (ii):

  After "corresponding" insert "previous".

Section 725:

  Before "law" insert "previous".

Subsection 730 (1):

  Omit ", to the extent that the Constitution permits,".

Paragraphs 732 (a), (b), (c) and (d):

  Omit the paragraphs, substitute the following paragraphs:

     "(a) the shareholders and directors of a company did not know the identity of a person who proposed to acquire a substantial interest in the company; or

     (b) the shareholders and directors of a company did not have a reasonable time in which to consider a proposal under which a person would acquire a substantial interest in the company; or

   (c) the shareholders and directors of a company were not supplied

SCHEDULE 1—continued

     with enough information for them to assess the merits of a proposal under which a person would acquire a substantial interest in the company; or

     (d) the shareholders of a company did not all have reasonable and equal opportunities to participate in any benefits, or to become entitled to participate in any benefits, accruing, whether directly or indirectly and whether immediately or in the future, to any shareholder or to any associate of a shareholder, in connection with the acquisition, or proposed acquisition, by any person of a substantial interest in the company.".

Paragraphs 740 (1) (a) and (b):

  Omit "that is a corporation".

Subparagraph 740 (1) (c) (i):

  After "body corporate" insert "or a related body corporate".

Subparagraph 740 (1) (c) (ii):

  After "in the body corporate" insert "or in a related body corporate".

Subsection 740 (2):

  Omit the subsection.

Subsection 740 (3):

  Omit "paragraphs (1) (a) and (2) (a)", substitute "paragraph (1) (a)".

Subsections 746 (3) and (5):

  Omit the subsections.

Section 752:

  Repeal the section.

Section 753:

Omit "State or Territory Acquisition of Shares law", substitute "previous law of this jurisdiction corresponding to this Chapter".

Paragraph 753 (b):

  Omit "Act", substitute "Law".

Section 754:

Omit "State or Territory Acquisition of Shares law", substitute