The Unichem Limited (Allotment of Shares) Order 1989

Statutory Instruments

1989 No. 1061

COMPETITION

The Unichem Limited (Allotment of Shares) Order 1989

Made

26th June 1989

Laid before Parliament

28th June 1989

Coming into force

19th July 1989

Whereas Unichem Limited is a person specified in a report of the Monopolies and Mergers Commission entitled “Unichem Limited – a report on Unichem’s arrangements and proposed arrangements for the allotment of shares in its capital”(1);

And whereas the Director General of Fair Trading was not requested under section 9(1) of the Competition Act 1980(2) to seek to obtain an undertaking from Unichem Limited;

And whereas the Secretary of State, in accordance with section 91(2) of the Fair Trading Act 1973(3), as applied by section 10(4)(b) of the Competition Act 1980, published on 26th May 1989 a notice stating his intention to make this Order, indicating the nature of the provisions to be embodied in it and stating that any person whose interests were likely to be affected by it and who was desirous of making representations in respect of it should do so in writing before 26th June 1989;

And whereas the Secretary of State has considered the representations made to him in accordance with that notice:

Now, therefore, the Secretary of State, in exercise of the powers conferred by section 10(1) and (2)(a) and (b) of the Competition Act 1980 and section 90(4) of, and paragraphs 1 and 2 of Schedule 8 to, the Fair Trading Act 1973, as applied by section 10(4)(a) and (d) of the Competition Act 1980, and (to the extent that this Order is made under section 10(2)(b) of the Competition Act 1980) for the purpose of remedying or preventing adverse effects specified in the aforesaid report of the Monopolies and Mergers Commission, hereby makes the following Order:-

(1)

Cm. 691.

(2)

1980 c. 21.

(3)

1973 c. 41.