Issued 30 July 2026
This guide is for listed and unlisted entities, their advisers, and investors involved in a takeover bid. It:
- discusses ASIC’s regulatory role in relation to takeover bids and how we interpret and administer the requirements of the takeover provisions in Ch 6 of the Corporations Act, and
- explains how we exercise our discretionary powers in relation to takeover bids, including the power to exempt from, or modify, the takeover provisions.