Terms of offer cannot be varied
(1) The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied. (2) A purported variation of the terms of the offer is ineffective. (3) This section does not: (a) affect the offeror’s obligation under section 1019J to update the market value of the financial product to which the offer relates; or (b) prevent the offeror from withdrawing the offer in accordance with section 1019G or paragraph 1019J(2)(a) and making another offer on different terms; or (c) prevent the offeree from making a counter‑offer on different terms.
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.
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