Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 July 1997 - onwards
Version 2 of 2

12. Applications to Court by Panel in relation to ruling or direction.

(1) The Panel may, as respects a ruling made by it under section 9 or a direction given by it under that section which, in its opinion, has not been complied with or is unlikely to be complied with, apply to the Court in a summary manner for such order as may be appropriate by way of enforcement of the ruling or direction, including, without prejudice to the foregoing, an order -

(a) requiring any party to the takeover or other relevant transaction concerned to do or to refrain from doing anything specified in the order (including anything referred to in section 9(3)),

(b) annulling any transaction that has been carried out otherwise than in accordance with the said ruling or direction,

(c) providing for any consequential relief or relief of a restitutionary nature,

and the Court may, as it thinks fit, on the hearing of the application, make or refuse to make an order providing for any relief as aforesaid.