| | Seabrook, in the matter of the Takeovers Panel and the Corporations Act 2001 (Cth) [2002] FCA 1219 |
 | | Except in the case of contexts where it is material to distinguish between one of the foregoing trust estates, and its responsible entity or other administratively related corporate body, I have adopted the convenient course of referring generally to Colonial, Mirvac and CPA/GAN, as the case may be, in order to avoid intricacies of expression. |
 | | Given that the Mirvac corporate manager has formed the view that the non-cash consideration for acquisition of the Colonial units is acceptable, I would accept Mirvacs primary submission that units in Mirvac would be issued at an application price in accordance with the scheme of clause 4.4 of the Mirvac Property Trust. |
 | | Mirvacs submission is that the notion carries into the Corporations Acts definition of member, both in relation to a managed investment scheme as well as a company. |
| cclsr.law.unimelb.edu.au /judgments/states/federal/2002/october/2002fca1219.html (4375 words) |