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Abstract

One of the main aims of the fundraising and takeover provisions in the Corporations Law is the protection of investors and thus shareholders. The Corporate Law Economic Reform Program Act 1999 (‘the CLERP Act’) has made many amendments to the provisions of the Corporations Law which deal with fundraising and takeovers. It would not be possible to deal with all of these amendments in detail in this paper but the main changes, which are of more general importance, will be highlighted.

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