Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_643
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 643
Character Range: 243014–244294

643  Supplementary bidder's statement

  If a bidder becomes aware of:
 (a) a misleading or deceptive statement in the bidder's statement; or
 (b) an omission from the bidder's statement of information required by section 636; or
 (c) a new circumstance that:
 (i) has arisen since the bidder's statement was lodged; and
 (ii) would have been required by section 636 to be included in the bidder's statement if it had arisen before the bidder's statement was lodged;
that is material from the point of view of a holder of bid class securities, the bidder must prepare a supplementary bidder's statement that remedies this defect.

Note 1: The bidder must then send and lodge the supplementary bidder's statement in accordance with section 647.

Note 2: Section 670A makes it an offence to give a bidder's statement after the bidder has become aware of a misleading or deceptive statement, omission or new circumstance that is material from the point of view of a holder of securities to whom the statement is given (unless the deficiency is corrected).

Note 3: The power to issue a supplementary bidder's statement is not limited to the situations dealt with in this section.

Note 4: This section applies to a bidder's statement that has already been previously supplemented.