There has long been debate about the use of schemes of arrangements to achieve takeovers. €¦There has been a
marked increase in the use of schemes to effect takeovers.

Bryan Frith, Lines Blurred on Schemes versus Takeover Offers, The

Australian, 9 July 2014.

Explain why there has been debate about the use of schemes of arrangement to achieve a takeover
ofa company

underthe Corporations Act 2011 (Cth), and provide an analysis ofwhether you believe

that a marked increase in the use of schemes of

arrangement to effect takeovers is a good thing or

not.