The Irish Takeover Panel Act 1997 is amended -
(i) in paragraph (ii), by substituting "Act of 1990," for "Act of 1990.", and
(ii) by adding the following paragraph after paragraph (ii):
"(iii) a public limited company or other body corporate incorporated in the State -
(I) the only securities of which for the time being are authorised (or during the period of 5 years referred to in paragraph (b) were authorised) to be traded by a recognised stock exchange on a market regulated by that exchange are those specified in section 2A,
and
(II) which is not a company prescribed for the purposes of paragraph (c)."
and
(b) by inserting the following section after section 2:
"Securities for the purposes of section 2(iii) and application of that provision.
(1) The securities referred to in paragraph (iii) of section 2 are debentures or bonds or other securities in the nature of debentures or bonds, by whatever name called, that do not confer voting rights in the company or b
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