INVESTMENTS AND SECURITIES ACT
Section 139: Arrangement for funds.
Where a bid under a take-over bid states that the consideration for the shares deposited pursuant to the bid is to be paid in money or partly in money, the offeror shall make adequate arrangements to ensure that funds are available to make the required monetary payment for those shares.
Cite this section
Section 139, INVESTMENTS AND SECURITIES ACT (2007).
https://repo.podus.ai/laws/investments-and-securities-act/section/139/