Navigating the Complexities of Financial Assistance, Capital Reductions, and Share Buybacks

Current as of: 27 August 2026.

Share buybacks, capital reductions, and financial assistance can involve complex requirements under the Corporations Act, and getting the process wrong can have significant consequences.

ASIC requisitions for non-compliance with share buyback timelines are not uncommon, while banks are increasingly insisting on adherence to financial assistance (whitewash) procedures.

Presented by James Creevy, Legal Services Director at Acis, this practical session explores the key requirements and considerations you need to understand when navigating these transactions.

After the session, you will be able to:

• Understand the technical requirements for buybacks, capital reductions and financial assistance under the Corporations Act
• Gain practical insights to help ensure compliance and avoid requisition
• Understand the capital and dividend rules relating to consideration for share buybacks
• Understand the courts’ broad interpretation of “financial assistance”

You can access the presentation slide handout here, or watch the webinar recording below.

As always, our team is just a phone call or email away. Please get in touch with us if you have any questions.