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Fair Trading Act 1973
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- UK Public General Acts
- 1973 c. 41
- SCHEDULE 8
- Part I
- Paragraph 12
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Changes over time for: Paragraph 12
Version Superseded: 20/06/2003
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- 01/02/1991- Amendment
- 01/02/1991
Point in time - 20/06/2003- Amendment
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Point in time view as at 01/02/1991.
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There are currently no known outstanding effects for the Fair Trading Act 1973, Paragraph 12.
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12(1)An order may prohibit or restrict the acquisition by any person of the whole or part of the undertaking or assets of another person’s business, or the doing of anything which will or may have a result to which this paragraph applies, or may require that, if such an acquisition is made or anything is done which has such a result, the persons concerned or any of them shall thereafter observe any prohibitions or restrictions imposed by or under the order.U.K.
(2)This paragraph applies to any result which consists in two or more bodies corporate becoming interconnected bodies corporate.
(3)Where an order is made in consequence of a report of the Commission under section 72 of this Act, or is made under section 74 of this Act, this paragraph also applies to any result (other than that specified in sub-paragraph (2) of this paragraph) which, in accordance with section 65 of this Act, consists in two or more enterprises ceasing to be distinct enterprises.
[F112A.An order may require any person to furnish any such information to the Director as may be specified or described in the order.
12B.An order may require any activities to be carried on separately from any other activities.
12C.An order may prohibit or restrict the exercise of any right to vote exercisable by virtue of the holding of any shares, stock or securities.]
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