Document ID: chunk:federal_register_of_legislation:C2004C01070:clause:1_637
Version: federal_register_of_legislation:C2004C01070
Segment Type: clause
Provision Reference: sch 1 cl 637
Character Range: 235664–236236

637  Bidder's statement formalities

  Approval

 (1) The copy of the bidder's statement that is lodged with ASIC must be approved by:
 (a) for a bidder that is a body corporate:
 (i) if the consideration offered under the bid is a cash sum only—a resolution passed by the directors of the bidder; or
 (ii) otherwise—a unanimous resolution passed by all the directors of the bidder; or
 (b) for a bidder who is an individual—the bidder.

 (2) The bidder's statement must be dated. The date is the date on which it is lodged with ASIC.

Division 3—The target's response