Skip to main content
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 14 April 1997 - onwards
Version 2 of 2

16. Power of Panel to impose charges.

(1) The Panel may, for the purpose of defraying the expenses incurred by it in performing its functions under this Act, impose charges at such rates as are from time to time determined by it with the consent of the Minister -

(a) on relevant companies,

(b) on a person (not being a relevant company) in respect of an offer made by that person,

(c) on any person in respect of a dealing he or she has in the securities of a relevant company,

(d) on any person in respect of a document furnished by him or her to the Panel, in accordance with rules under section 8, in relation to a takeover or other relevant transaction,

(e) on any person in respect of a document furnished by him or her to the Panel in relation to any proceedings of the Panel concerning a takeover or other relevant transaction.