Applying for declarations and orders
(1) The Takeovers Panel may make a declaration under section 657A, or an order under section 657D or 657E, only on an application made under this section. (2) An application for a declaration under section 657A or an order under section 657D or 657E may be made by: (a) the bidder; or (b) the target; or (c) ASIC; or (d) any other person whose interests are affected by the relevant circumstances. Note: The Administrative Review Tribunal cannot review ASIC’s decision whether to apply to the Takeovers Panel (see paragraph 1317C(gc)). (3) An application for a declaration under section 657A can be made only within: (a) 2 months after the circumstances have occurred; or (b) a longer period determined by the Takeovers Panel.
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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