Section 670F — Corporations Act 2001 (Cth)

A person does not commit an offence under subsection 631(1) or (2), and is not liable under section 670E for a contravention of those subsections if the person proves that they could not reasonably have been expected to comply with those subsections because:

(a) at the time of the proposal or announcement, circumstances existed that the person did not know of and could not reasonably have been expected to know of; or

(b) after the proposal or announcement, a change in circumstances occurred that was not caused, directly or indirectly, by the person.

Related sections

• s 670C — People liable on takeover or compulsory acquisition statement to inform maker about deficiencies in the statement
• s 670D — Defences against prosecutions under subsection 670A(3) and actions under section 670B
• s 670E — Liability for proposing a bid or not carrying through with bid
• s 671A — Chapter extends to some listed bodies that are not companies
• s 671B — Information about substantial holdings must be given to company, responsible entity, fund operator and relevant market operator
• s 671C — Civil liability

Research how courts apply s 670F

BriefBridge searches Australian caselaw by meaning — every answer cited to the paragraph.