Related Commentary  

254(1)  For the purposes of this Part a relevant proposal in relation to which a person (“P”) is a promoter is a “monitored proposal” in relation to P if any of the following dates fell on or after the date on which a monitoring notice took effect–

(a)the date on which P first made a firm approach to another person in relation to the relevant proposal;

(b)the date on which P first made the relevant proposal available for implementation by any other person;

(c)the date on which P first became aware of any transaction forming part of the proposed arrangements being entered into by any person.

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