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Jul 5 2012 onwards

51. Purpose of this Part

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The purpose of this Part, and of Takeover Rules made for the purpose of this Part, is to:

(a) ensure that where a Takeover takes place, it does so in an efficient, competitive, fair and informed market;
(b) ensure that shareholders are treated fairly and shareholders of the same class are treated the same; and
(c) provide an orderly framework within which a Takeover is conducted.