---
title: "Check whether an off-market offer period can still be extended"
url: "https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/check-whether-an-off-market-offer-period-can-still-be-extended"
type: "task"
site: "AI Law Framework"
id: "A2-TM20261022-10"
practice_area: "Mergers & Acquisitions / Private Equity"
tier: "yellow"
lawyer_review: "required"
last_reviewed: "2026-10-22"
---

# Check whether an off-market offer period can still be extended

> Record whether the bid is an off-market bid and whether the lawyer has marked it as subject to a defeating condition.…

Canonical page: https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/check-whether-an-off-market-offer-period-can-still-be-extended  
Last reviewed: 2026-10-22

Site index for agents: https://ailawframework.com/llms.txt

## Key facts

| Fact | Value |
| --- | --- |
| Practice area | [Mergers & Acquisitions / Private Equity](https://ailawframework.com/practice/mergers-and-acquisitions-private-equity.md) |
| Human involvement | Yellow: Lawyer and AI draft together |
| How AI is used | Record whether the bid is an off-market bid and whether the lawyer has marked it as subject to a defeating condition. If a notice under section 630(3) has been published, list which of the four later events the lawyer has marked. Do not calculate a new end date beyond the limit in section 624, and do not draft the extension. |
| What the lawyer must review | The lawyer decides whether section 650C allows the extension and whether the total period still fits section 624. |
| Written for / versions | 1 jurisdiction versions below |

## Checking plan

**Source-by-source verification**

Trace relied-on content to independent sources and check for relevant material the output has missed.

- What the AI does: Record whether the bid is an off-market bid and whether the lawyer has marked it as subject to a defeating condition. If a notice under section 630(3) has been published, list which of the four later events the lawyer has marked. Do not calculate a new end date beyond the limit in section 624, and do not draft the extension.
- What the lawyer does: The lawyer decides whether section 650C allows the extension and whether the total period still fits section 624.
- Who reviews: Responsible lawyer with competence in the matter
- Basis: Practical workflow informed by the linked primary sources; the traffic light and working checks are editorial guidance, not a court classification.
- Why: The level reflects what the work is, the consequence of an error, and how much of the output the lawyer must independently re-derive.

## Checks the lawyer makes

1. Before the offer period ends, an off-market bidder may extend it. That is the general rule in subsection (1).
2. After the notice under section 630(3) is published, an extension is allowed only if, after that publication, another person lodges a bidder's statement for securities in the bid class, announces a bid for them, makes offers under a bid for them, or improves the consideration under another bid for them.
3. The section's note points back to section 624 for the maximum length of the total offer period. Apply that maximum as well.

## Notes

- These are suggested working checks. Confirm the required checking with the responsible lawyer before work starts; the checking approach does not establish permission to use AI.

## Sources

- [Corporations Act 2001 s 650C, extension of an off-market offer period](https://classic.austlii.edu.au/au/legis/cth/consol_act/ca2001172/s650c.html) (checked 2026-10-22)

## Jurisdiction versions

| Jurisdiction | Level |
| --- | --- |
| [United States](https://ailawframework.com/practice/mergers-and-acquisitions-private-equity/check-whether-an-off-market-offer-period-can-still-be-extended/united-states.md) | Yellow |

*Practice guidance for planning and review. Confirm current primary sources and the requirements of the actual matter. This is general information, not legal advice.*