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Irish Takeover Panel Act, 1997 (No. 5)Introductory TextActs Referred to1. Interpretation.2. Relevant company.2A. Securities for the purposes of section 2(iii) and application of that provision.2B. Securities for the purposes of section 2(c) and (d) and application of those provisions.3. The Panel.4. Alterations in memorandum and articles of association of Panel.5. Objects of Panel.6. Directors of Panel.7. Duty of Panel to monitor and supervise takeovers, etc.8. Rules as respects takeovers, etc.9. Power of Panel to make rulings, give directions, etc.10. Power of Panel to advise, admonish or censure.11. Hearings by Panel.12. Applications to Court by Panel in relation to ruling or direction.13. Judicial review of certain acts of Panel.14. Provisions with respect to appeals, applications, etc.15. Effect of Act as respects certain transactions.16. Power of Panel to impose charges.17. Obligations of professional secrecy.18. Saving for privileged information.19. Annual report.20. Liability of Panel for acts, omissions, etc.21. Panel may request certain reports to be furnished to it.22. Regulations.23. Judicial notice to be taken of seal of Panel.24. Service of notices.25. Penalties and proceedings.26. Expenses.27. Short title and commencement.Schedule - Principles applicable to the Conduct of Takeovers, etc.
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Version status: | Document consolidation status: Updated to reflect all known changes
Version date: 12 March 1997 - onwards

Introductory Text

Number 5 of 1997

AN ACT TO PROVIDE FOR THE MONITORING AND SUPERVISION OF TAKEOVERS AND CERTAIN OTHER TRANSACTIONS IN RELATION TO SECURITIES IN CERTAIN COMPANIES, TO SPECIFY THE PRINCIPLES THAT SHALL GOVERN THE CONDUCT OF TAKEOVERS AND OTHER TRANSACTIONS AFORESAID, TO CONFER ON A COMPANY DESIGNATED BY THE MINISTER FOR ENTERPRISE AND EMPLOYMENT FOR THE PURPOSE FUNCTIONS IN RESPECT OF THE MATTERS AFORESAID AND TO PROVIDE FOR RELATED MATTERS.

[12th March, 1997]

BE IT ENACTED BY THE OIREACHTAS AS FOLLOWS:

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