[187 Approval with conditions]

[187  Approval with conditions]

[(1)     The [appropriate regulator] may impose conditions on its approval of an acquisition.

[(2)     The appropriate regulator may only impose conditions where—

(a)     if it did not impose those conditions, it would propose to object to the acquisition, or

(b)     it is required to do so by a direction under section 187A(3)(b) or section 187B(3).]

(3)     The [appropriate regulator] may not impose conditions requiring a particular level of holding to be acquired.

(4)     The [appropriate regulator] may vary or cancel the conditions.]

Popular documents