RG 163
Takeovers: Minimum bid price principle (s621) (withdrawn)
This regulatory guide has been withdrawn. See media release 16-423MR ASIC updates takeovers guidance on minimum bid price rule for information.
In plain English
This regulatory guide explained the minimum bid price principle for takeovers.
RG 163 has been withdrawn. It previously provided guidance on section 621 of the Corporations Act. This section relates to the minimum bid price principle. See media release 16-423MR for updates. It applied to individuals and companies involved in takeover bids.
AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.
Issuing regulator
ASIC →Topics
Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-163-takeovers-minimum-bid-price-principle-s621-withdrawn/. Rules Mate indexes + summarises; always verify against the regulator's live publication.