943 Rules
943 Rules
Companies Act 2006 | Legislation

(1)     The Panel must make rules giving effect to Articles 3.1, 4.2, 5, 6.1 to 6.3, 7 to 9 and 13 of the Takeovers Directive.

[(1)     The Panel must make rules—

(a)     giving effect to the general principles in Part 1 of Schedule 1C, and

(b)     in accordance with Part 2 of that Schedule.]

(2)     Rules made by the Panel may also make other provision—

(a)     for or in connection with the regulation o

[(1A)     Rules must specify the percentage of voting rights that gives a person control of a company for the purposes of this Chapter and how it is to be calculated.]f—

(i)     takeover bids,

(ii)     merger transactions, and