Regulation 20 Communication of decision
(1) If a company passes an opting-in resolution or an opting-out resolution notification of that fact shall be given by it to -
(a) the Panel, and
(i) has securities admitted to trading on a regulated market in a Member State other than in this State, or
(ii) has requested such admission,
the authority designated by that state as the competent authority for the purposes of Article 4(1) of the Directive.
(2) That notification shall be given -
(a) in the case of paragraph (1) (a), immediately after the resolution is passed,
and
(b) in the case of paragraph (1) (b) -
(i) if any admission or request such as is mentioned in that provision occurs on or before the passing of the resolution, immediately after the passing of the resolution,
(ii) if the foregoing admission or request occurs at any time after the passing of the resolution, at that time.