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CORPORATIONS ACT 2001

CHAPTER 6 - TAKEOVERS  

PART 6.10 - REVIEW AND INTERVENTION  

Division 2 - The Takeovers Panel    View history reference

Subdivision B - Unacceptable circumstances  

SECTION 657G  ORDERS BY THE COURT WHERE CONTRAVENTION OR PROPOSED CONTRAVENTION OF PANEL ORDER  

657G(1)  [Power to make order]  


If a person contravenes, or proposes to engage in conduct that would contravene, an order made by the Panel under section 657D or 657E, the Court may make any orders it considers appropriate to secure compliance with the 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.

657G(2)  [Who may apply]  


An application for an order under this section may only be made by:


(a) ASIC; or


(b) the President of the Panel; or


(c) a person to whom the Panel's order relates; or


(d) a person who was a party to the proceedings in which the Panel's order was made.

 



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