Point in time view as at 03/10/2022.
Companies Act 2006, Section 957 is up to date with all changes known to be in force on or before 04 March 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
(1)Rules may provide for fees or charges to be payable to the Panel for the purpose of meeting any part of its expenses.
(2)A reference in this section or section 958 to expenses of the Panel is to any expenses that have been or are to be incurred by the Panel in, or in connection with, the discharge of its functions, including in particular—
(a)payments in respect of the expenses of the Takeover Appeal Board;
(b)the cost of repaying the principal of, and of paying any interest on, any money borrowed by the Panel;
(c)the cost of maintaining adequate reserves.
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