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Part 28 Takeovers etc (ss. 942-992)

Comparing proposed amendment...
Chapter 1 The Takeover Panel (ss. 942-965)
The Panel and its rules (ss. 942-946)
In force
942. The Panel
In force
943. Rules
In force
944. Further provisions about rules
In force
945. Rulings
In force
946. Directions
Information (ss. 947-949)
In force
947. Power to require documents and information
In force
948. Restrictions on disclosure
In force
949. Offence of disclosure in contravention of section 948
Co-operation (s. 950)
In force
950. Panel's duty of co-operation
Hearings and appeals (s. 951)
In force
951. Hearings and appeals
Contravention of rules etc (ss. 952-956)
In force
952. Sanctions
In force
953. Failure to comply with rules about bid documentation
In force
954. Compensation
In force
955. Enforcement by the court
In force
956. No action for breach of statutory duty etc
Funding (ss. 957-959)
In force
957. Fees and charges
In force
958. Levy
In force
959. Recovery of fees, charges or levy
Miscellaneous and supplementary (ss. 960-965)
In force
960. Panel as party to proceedings
In force
961. Exemption from liability in damages
In force
962. Privilege against self-incrimination
In force
963. Annual reports
In force
964. Amendments to Financial Services and Markets Act 2000
In force
965. Power to extend to Isle of Man and Channel Islands
Chapter 2 Impediments to takeovers (ss. 966-973)
Opting in and opting out (ss. 966-967)
In force
966. Opting in and opting out
In force
967. Further provision about opting-in and opting-out resolutions
Consequences of opting in (ss. 968-969)
In force
968. Effect on contractual restrictions
In force
969. Power of offeror to require general meeting to be called
Supplementary (ss. 970-973)
In force
970. Communication of decisions
In force
971. Interpretation of this Chapter
In force
972. Transitory provision
In force
973. Power to extend to Isle of Man and Channel Islands
Chapter 3 "Squeeze-out" and "Sell-out" (ss. 974-991)
Takeover offers (ss. 974-978)
In force
974. Meaning of "takeover offer"
In force
975. Shares already held by the offeror etc
In force
976. Cases where offer treated as being on same terms
In force
977. Shares to which an offer relates
In force
978. Effect of impossibility etc of communicating or accepting offer
"Squeeze-out" (ss. 979-982)
In force
979. Right of offeror to buy out minority shareholder
In force
980. Further provision about notices given under section 979
In force
981. Effect of notice under section 979
In force
982. Further provision about consideration held on trust under section 981(9)
"Sell-out" (ss. 983-985)
In force
983. Right of minority shareholder to be bought out by offeror
In force
984. Further provision about rights conferred by section 983
In force
985. Effect of requirement under section 983
Supplementary (ss. 986-987)
In force
986. Applications to the court
In force
987. Joint offers
Interpretation (ss. 988-991)
In force
988. Associates
In force
989. Convertible securities
In force
990. Debentures carrying voting rights
In force
991. Interpretation
Chapter 4 Amendments to Part 7 of the Companies Act 1985 (s. 992)
In force
992. Matters to be dealt with in directors' report