952 Sanctions
952 Sanctions
Companies Act 2006 | Legislation

(1)     Rules may contain provision conferring power on the Panel to impose sanctions on a person who has—

(a)     acted in breach of rules, or

(b)     failed to comply with a direction given by virtue of section 946.

(2)     Subsection (3) applies where rules made by virtue of subsection (1) confer power on the Panel to impose a sanction of a kind not provided for by the City Code on Takeovers and Mergers as it had effect immediately before the passing of this Act.

(3)     The Panel must prepare a statement (a “policy statement”) of its policy with respect to—


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