(1) Where a notice is given by an offeror pursuant to Regulation 23(2) a dissenting security holder may, within 21 days from the giving of the notice, apply to the High Court in a summary manner for a declaration that the conditions specified in Regulation 23 for the giving of that notice are not satisfied or that the terms on which the offeror proposes, on foot of that notice, to acquire the securities of the dissenting security holder do not comply with that Regulation (including that Regulation as it has effect by virtue of Regulation 26).

(2) On the hearing of an application under paragraph (1), the High Court shall, as it considers appropriate, grant or refuse to grant the declaration sought and -

(a) if it grants a declaration of the kind firstly mentioned in paragraph (1), it shall also declare the notice referred to in that paragraph void, and

(b) if it grants a declaration of the kind secondly mentioned in paragraph (1), it shall also declare what are the terms, by virtue of Regulation 23 or 26, upon which the securities of the dissenting security holder shall be acquired and make an order requiring the offeror to acquire those securities on those terms accordingly.