SECTION 654CDISCLOSURES ABOUT SUBSTANTIAL SHAREHOLDINGS IN UNLISTED COMPANIES
654C(1)[Obligation to provide notice]
A bidder making a bid for securities of an unlisted company must give the target a notice stating the bidder's voting power in the target if, at a particular time during the bid period, the bidder's voting power in the target rises from below a percentage in the following list to that percentage or higher:
The notice must be given as soon as practicable, and in any event within 2 business days, after the rise in voting power occurred.
654C(3)[Availability and lodgment of notice]
The target must:
(a) make the notice available at its registered office for inspection without charge by any holder of bid class securities during the bid period; and