Document ID: chunk:federal_register_of_legislation:C2025C00185:section:657eb
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 657EB
Character Range: 2600401–2601270

657EB  References by Courts
 (1) A Court hearing proceedings in relation to a decision of the Takeovers Panel made on an application under section 657C may refer the decision to the Takeovers Panel for review.
Note: Regulations made under the ASIC Act deal with the constitution of the Takeovers Panel for the purposes of conducting a review under this section and the procedures to be followed in conducting the review.
 (2) After conducting a review under this section, the Takeovers Panel may:
 (a) vary the decision reviewed; or
 (b) set aside the decision reviewed; or
 (c) set aside the decision reviewed and substitute a new decision.
          In conducting the review, the Takeovers Panel has the same powers to make a declaration under section 657A, or an order under section 657D or 657E, as it has when it is considering an application under section 657C.