Section 8 of the Act of 1997 is amended -
(a) in subsection (1), by substituting "subsections (2), (3), (4) and (7A) to (7D)" for "subsections (2), (3) and (4)", and
(b) by inserting after subsection (7) the following subsections:
"(7A) The power to make rules under this section includes the power to make provision in such rules to give effect to -
(a) a provision of the treaties of the European Communities, or
(b) an act adopted by an institution of those Communities.
(7B) Nothing in the European Communities (Takeover Bids (Directive 2004/25/EC)) Regulations 2006 (S.I. No. 255 of 2006) (referred to subsequently in this section as the 'Regulations') -
(a) prejudices the future exercise of the power of the Panel to make rules under this section for the purpose of giving effect to Directive 2004/25/EC [OJ L142, 30.04.2004, p.12] of the European Parliament and of the Council of 21 April 2004 on takeover bids (or any other act adopted by an institution of the European Communities),
(b) pre
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