The Merger Situation (Medicopharma NV and AAH Holdings plc) (Interim Provision) Order 1992

Statutory Instruments

1992 No. 1115

MONOPOLIES AND MERGERS

The Merger Situation (Medicopharma NV and AAH Holdings plc) (Interim Provision) Order 1992

Made

7th May 1992

Laid before Parliament

7th May 1992

Coming into force

Except article 5

7th May 1992

Article 5

14th May 1992

Whereas the Secretary of State, in the circumstances specified in subsection (1) of section 73 of the Fair Trading Act 1973(1), has under consideration the making of an order under that section exercising powers specified in Schedule 8 to that Act for the purpose of remedying or preventing the adverse effects specified in a report of the Monopolies and Mergers Commission entitled “AAH Holdings plc/Medicopharma NV— a report on the merger situation”(2);

And whereas, in the opinion of the Secretary of State, the doing of the things specified in articles 3 and 5 of this Order might impede the operation of the order which he has under consideration as aforesaid:

Now, therefore, the Secretary of State, in excercise of the powers conferred on him by section 89(2) and (3)(a) and (b) of the said Act(3), and also of the powers conferred on him by sections 74(1)(a) and (b) and 134(2) of the said Act, and with a view to achieving the purpose for which the powers specified in paragraph 14 of Schedule 8 to the said Act are proposed to be exercised by the order which he has under consideration as aforesaid, hereby makes the following Order:

(1)

1973 c. 41.

(2)

Cm. 1950.

(3)

Section 89(2) was amended by the Companies Act 1989 (c. 40), section 153 and Schedule 20, paragraph 15(2).