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AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION ACT 2001 - SECT 190

Takeovers Panel may restrict publication of certain material

  (1)   Where, during Takeovers Panel proceedings, the Takeovers Panel is satisfied that it is desirable to do so, the Takeovers Panel may give directions preventing or restricting the publication of submissions or evidence made or given to, or of matters contained in documents lodged with, the Takeovers Panel.

  (2)   In determining whether or not to give a direction under subsection   (1), the Takeovers Panel must have regard to:

  (a)   whether submissions or evidence made or given, or that may be made or given, or a matter that has arisen or may arise, during the proceedings is of a confidential nature or relates to the commission, or to the alleged or suspected commission, of an offence against an Australian law; and

  (b)   any unfair prejudice to a person's reputation that would be likely to be caused unless the Takeovers Panel exercises its powers under this section; and

  (c)   whether it is in the public interest that the Takeovers Panel exercises its powers under this section; and

  (d)   any other relevant matter.

  (3)   In this section:

"Takeovers Panel proceedings" includes a part of Takeovers Panel proceedings.



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