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Part 28U.K.Takeovers etc

Modifications etc. (not altering text)

Chapter 1U.K.The Takeover Panel

Modifications etc. (not altering text)

C3Pt. 28 Ch. 21 extended (Isle of Man) (with modifications) (1.3.2009) by The Companies Act 2006 (Extension of Takeover Panel Provisions) (Isle of Man) Order 2008 (S.I. 2008/3122), art. 2, Sch.

Co-operationU.K.

950Panel's duty of co-operationU.K.

(1)The Panel must take such steps as it considers appropriate to co-operate with—

[F1(a)the Financial Conduct Authority;

(aa)the Prudential Regulation Authority;

(ab)the Bank of England;]

(b)an authority designated as a supervisory authority for the purposes of Article 4.1 of the Takeovers Directive;

(c)any other person or body that exercises functions of a public nature, under legislation in any country or territory outside the United Kingdom, that appear to the Panel to be similar to its own functions or those of the [F2Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England].

(2)Co-operation may include the sharing of information that the Panel is not prevented from disclosing.

Textual Amendments

F1S. 950(1)(a)-(ab) substituted for s. 950(1)(a) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 119(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

F2Words in s. 950(1)(c) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 119(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch.