RG 71 Downstream acquisitions
Issued 24 August 2016
This guide is for companies, listed managed investment schemes, investors and their advisers who are involved in, or affected by, downstream acquisitions.
In some circumstances, a downstream acquisition may breach s606 of the Corporations Act 2001.
This guide explains:
- the downstream acquisition exemption in item 14 of s611 (item 14)
- when we may grant relief
- the conditions that may apply to our relief, and
- how to apply for relief.