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The Takeovers Directive (Interim Implementation) Regulations 2006

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Takeover offers

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30.  Where a takeover offer is made for a company that has securities carrying voting rights admitted to trading on a regulated market, Part 13A of the Companies Act 1985(1) (or in the case of Northern Ireland, Part 14A of the Companies (Northern Ireland) Order 1986(2)) shall not apply and Schedule 2 to these Regulations shall apply.

(1)

Part 13A was inserted by section 172 of, and by Schedule 12 to, the Financial Services Act 1986 (c. 60).

(2)

Part 14A was inserted by Article 26 of S.I. 1989/2404 (N.I.18).

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