Pinnacle VRB Ltd (No 3)

Judgment date: 22/02/2001
Court: ATP
Judge: L Taylor (P), T Rowe (DP) and M Rich
Citation: (2001) 19 ACLC 605; (2001) 37 ACSR 346; [2001] ATP 2; BC200109052;
Catchwords: Corporations;  Takeovers;  Prohibited acquisition of shares;  Exemptions;  

Corporations;  Takeovers;  Review of ASIC decision;  Approach of Panel;  

Corporations;  Takeovers;  Options acquired under takeover bid;  Exemption sought to permit exercise of options;  

Corporations;  Takeovers;  Exemption sought to permit exercise of options;  ASIC exemption sought;  

Corporations;  Takeovers;  Effect of draft, unpublished ASIC policy;  Exception in section 611 item 3 not completely satisfied;  

Corporations;  Takeovers;  ASIC exemption sought;  Effect of disclosures in bidder's statement;  

Corporations;  Takeovers;  ASIC policy;  Legislative policy for exception;  

Corporations;  Takeovers;  ASIC policy;  Variation of ASIC declaration;