Conditional contracts, arrangements and understandings
For the purposes of the acquisitions provisions, if: (a) a person enters into a contract, arrangement or understanding pursuant to which the person will acquire: (i) shares in the capital of a body corporate; or (ii) any assets of another person; or (iii) a thing determined under paragraph 51ABB(2)(a); and (b) the provisions of the contract, arrangement or understanding pursuant to which the acquisition is to take place do not become binding on the person until one or more conditions are met; the person does not acquire shares, assets or a determined thing under the provisions unless and until the provisions become binding.
Sourced from the Federal Register of Legislation at 22 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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