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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 15 July 2015 - onwards
Version 4 of 4

8. Rules as respects takeovers, etc.

(1) Without prejudice to subsections (2), (3), (4) and (7A) to (7D), the Panel may make rules for the purpose of -

(a) specifying offers, agreements or transactions in relation to the acquisition of securities conferring voting rights in a relevant company (by reference to such matters as it thinks appropriate, including the amount of securities acquired or to be acquired and the period that has elapsed since any previous acquisition of such securities in the company) to be relevant transactions for the purposes of this Act,

(b) ensuring that takeovers and other relevant transactions comply with the scheduled principles and the other provisions of this Act,

(c) otherwise providing where it considers desirable, in the interests of shareholders to do so, for the manner in which transactions as aforesaid and activities relating to them are to be conducted or carried out and otherwise for the governance of such transactions and activities,