Section 657CCorporations Act 2001 (Cth)

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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