Duration and withdrawal of offers
(1) An offer to which this Division applies: (a) must remain open for at least 1 month after the date of offer; and (b) cannot remain open for more than 12 months after the date of offer. (2) The offer may be withdrawn by the offeror at any time, but not within 1 month of the date of offer. (3) The offer may only be withdrawn by the offeror by sending a withdrawal document in printed or electronic form to the offeree in accordance with paragraphs 1019E(1)(a) and (b). The withdrawal document must identify the offeror and be dated. (4) A purported withdrawal of the offer contrary to subsection (2) or (3) is ineffective.
Sourced from the Federal Register of Legislation at 17 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.
BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.
Try BriefBridge free