Section 653A — Corporations Act 2001 (Cth)

Acceptance of offers made under off‑market bid

If:

(a) an offer is made under an off‑market bid for quoted securities; and

(b) regulations made for the purposes of this paragraph set out any requirements for the manner in which the acceptance of the offer, so far as it relates to those securities, must be complied with;

an acceptance of the offer for those securities is effective only if it is made in that way.

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.

Related sections

s 652A — Withdrawal of unaccepted offers under takeover bid
s 652B — Withdrawal of takeover offers with ASIC consent
s 652C — Withdrawal of market bids
s 653B — Acceptances by transferees and nominees of offers made under off‑market bid
s 654A — Bidder not to dispose of securities during the bid period
s 654B — Disclosures about substantial shareholdings in listed companies

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