(1) Subject to subsections (1A) and (1B), this Chapter applies to an acquisition by a person or more than one person acting in concert of shares or other interest in a holder of a licence.
(1A) This Chapter does not apply to an acquisition if -
(a) after the acquisition the proportion of shares in the licence holder held by the acquiring person or persons would not exceed the prescribed percentage, and
(b) where the licence holder concerned is a body incorporated in the State, the acquisition, together with any other interest in the licence holder already held or controlled (directly or indirectly) by the acquiring person or persons, would not confer a right to appoint or remove some or all of the board of directors or committee of management of the licence holder.
(1B) This Chapter does not apply to an acquisition that is subject to notification and prudential assessment under the European Union (Capital Requirements) Regulations 2014 (S.I. No. 158 of 2014).
(1C) An acquisition t