CP 127 Schemes of arrangement: Statements under section 411(17)(b)

Released 11 December 2009. Comments closed 29 March 2010.

This consultation paper seeks feedback on whether or not ASIC should give a statement under s411(17)(b) of the Corporations Act 2001 if we are satisfied that a scheme meets our policy in Regulatory Guide 60 Schemes of arrangement (RG 60), but a member undertakes to us that they will object to the scheme on the basis that it has been proposed to avoid Ch 6 requirements.

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Law Council of Australia
Minter Ellison
Last updated: 11/12/2009 12:00