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Recommendations

Recommendation 1 

3.39    The committee recommends that the Government introduce an amendment to new paragraph 657A(2)(b) to replace the phrase 'having regard to' with 'because they are inconsistent with or contrary to'.

Recommendation 2 

3.51    The committee recommends that once the bill is passed by the Parliament the Government commence a consultation process with a view to amending Chapter 6C of the Corporations Act 2001 to establish a robust framework for the disclosure of equity derivatives relating to corporate takeovers.

Recommendation 3 

3.53    Subject to the recommendations made in this report, the committee recommends that the Parliament pass the bill.

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