The Catch-22 effect of the Corporations Law for TOs and the reason for the creation of an IAF facility is explained clearly
here on page 12 (getting to 90% and acceptance facilities) of the Norton Rose Fulbright guide
to Creative Fun on the ASX for those like me trying to use this shocking experience to read and be a better person... n'that.
Ann: OZL: IAF and Supplementary Bidder's Statement, page-62
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