Checklist · Mergers & Acquisitions / Private Equity
Scheme of arrangement and takeover bid timetable and deal-protection checklist
Working checklist for an ASX control transaction: statutory steps and timing for a members’ scheme and an off-market takeover bid, regulatory approvals, and deal protection terms tested against Takeovers Panel Guidance Note 7.
- Kind
- Checklist. Steps or checks to work through and tick off.
- Where it applies
- Australia
- AI use
- Yellow AI can help in set ways. A lawyer checks specific points before use.
- Law stated as at
- 17 October 2026
- Status
- Maintained. Checked against the cited sources on 17 October 2026.
- Version
- 1
- Source
- Written for this library
When to use it
Use to plan and track a public company control transaction from approach to implementation. Build the actual timetable with the target, the court and ASIC; this list shows the steps and statutory periods, not a guaranteed timeline.
How AI may be used
AI may build a draft timetable from the implementation deed and track conditions. Statutory periods, court dates and Panel guidance are checked against official sources by a lawyer.
AI may
- Extract conditions, deadlines and deal protection terms from the implementation deed into the tracker
- Draft a timetable from an agreed start date and flag dates that fall on non-business days
- Compare deal protection terms against the Guidance Note 7 points in Part C
AI must not
- Must not fix court, ASIC or ASX dates without confirmation from those bodies
- Must not assess whether a deal protection term is likely to give rise to unacceptable circumstances
- Must not process unannounced deal information in a tool not approved for inside information
The lawyer checks
- Statutory periods checked against the current Corporations Act and the court’s practice requirements
- Merger notification and FIRB conditions and long-stop dates are realistic
- Deal protection package reviewed against the current Guidance Note 7
Method: how the Green, Yellow and Red levels are decided. This is guidance for planning, not legal advice.
Official form
Open the official form. Always use the current version from the issuer.
Read the full text
The full text is for signed-in accounts. It is free. When you sign in you can:
- read the whole precedent, with its drafting notes beside it;
- copy it, or download it as a Word file or Markdown;
- add it to your firm’s knowledge base, so colleagues can find it;
- let the AI tools you connect read it from that knowledge base.
The summary, the law it rests on and the AI-use guidance above stay public. Privacy.
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