Orders by the Court where contravention or proposed contravention of Takeovers Panel order
(1) If a person contravenes, or proposes to engage in conduct that would contravene, an order made by the Takeovers Panel under section 657D or 657E, the Court may make any orders it considers appropriate to secure compliance with the Takeovers Panel’s order, including: (a) 1 or more remedial orders; and (b) an order directing a person to do, or to refrain from doing, a specified act. Note: Section 9 defines remedial order. (2) An application for an order under this section may only be made by: (a) ASIC; or (b) the President of the Takeovers Panel; or (c) a person to whom the Takeovers Panel’s order relates; or (d) a person who was a party to the proceedings in which the Takeovers Panel’s order was made.
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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