Released 26 May 2011. Comments closed 1 August 2011.

This consultation paper sets out ASIC’s proposals for updating our policy in Regulatory Guide 74 Acquisitions agreed to by shareholders (RG 74) on the takeovers exception for acquisitions approved by members (now in item 7 of s611 of the Corporations Act).

The paper attaches a draft update of Regulatory Guide 74 Acquisitions approved by members (draft updated RG 74) and seeks feedback on our proposed policy.

Download the paper (PDF) | Read the advisory | View the report on submissions | View current RG 74