Panel Publishes Guidance Note on Panel Procedures [14/02/2002] The Takeovers Panel

Thursday, 14 February 2002

PANEL PUBLISHES GUIDANCE NOTE ON PANEL PROCEDURES

The Panel today published a Guidance Note outlining the process taken by a sitting Panel and the Panel Executive when considering an application. The Guidance Note was prepared in response to feedback received from takeovers market participants and their advisers.

The Guidance Note summarises the steps a sitting Panel usually takes when considering an application and conducting proceedings and outlines the role of the Panel Executive.

The Panel believes the Guidance Note will assist takeovers market participants and their advisers to understand Panel processes prior to making an application or becoming party to Panel proceedings.

A copy of the Guidance Note is available on the Panel's website at: www.takeovers.gov.au/content/guidance/guidance.asp

George Durbridge
Counsel
Takeovers Panel
Ph: +61 3 9655 3553
george.durbridge@takeovers.gov.au