Document ID: chunk:federal_register_of_legislation:F2024L01669:clause:1_4f
Version: federal_register_of_legislation:F2024L01669
Segment Type: clause
Provision Reference: sch 1 cl 4F
Character Range: 12040–12842

4F  Meaning of threshold value
 (1) The threshold value for a lodgement under paragraph 661B(1)(b) or 662B(1)(b) of the Corporations Act relating to a takeover bid is the amount worked out using the following formula:
 (2) If 2 or more takeover bids, by the same bidder, for securities in the same target occur together, work out the threshold value for a lodgement under paragraph 661B(1)(b) or 662B(1)(b) of the Corporations Act relating to any of those bids by:
 (a) applying the formula in subregulation (1) of this regulation to work out an amount in respect of each of those bids (including any bid in relation to which a notice is not lodged under paragraph 661B(1)(b) or 662B(1)(b) of the Corporations Act); and
 (b) adding up the amounts worked out under paragraph (a) of this subregulation.