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CORPORATIONS ACT 2001

CHAPTER 7 - FINANCIAL SERVICES AND MARKETS    View history reference

PART 7.9 - FINANCIAL PRODUCT DISCLOSURE AND OTHER PROVISIONS RELATING TO ISSUE, SALE AND PURCHASE OF FINANCIAL PRODUCTS    View history reference

Division 5A - Unsolicited offers to purchase financial products off-market    View history reference

SECTION 1019H  TERMS OF OFFER CANNOT BE VARIED  

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1019H(1)  [Variation prohibited]  


The terms of an offer to which this Division applies, as set out in the offer document, cannot be varied.

1019H(2)  [Variation ineffective]  


A purported variation of the terms of the offer is ineffective.

1019H(3)  [Scope of section]  


This section does not:


(a) affect the offeror's obligation under section 1019J to update the market value of the financial product to which the offer relates; or


(b) prevent the offeror from withdrawing the offer in accordance with section 1019G or paragraph 1019J(2)(a) and making another offer on different terms; or


(c) prevent the offeree from making a counter-offer on different terms.


 



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