Explanatory Note
(This note is not part of the Order)
This Order requires Thomas Cook Group Limited (“TCG”) and Interpayment Services Limited (“ISL”) to keep “ISL’s main activities separate from those of TCG once TCG has acquired control over “ISL. The merger of TCG and “ISL has been referred to the Monopolies and Mergers Commission.
The Order, unless previously revoked, will cease to have effect—
(a)40 days after the Commission’s report is laid before Parliament, or
(b)on the failure of the Commission to report within the period allowed.
This Order replaces The Merger Reference (Thomas Cook Group Limited and Barclays Bank plc) Order 1994 (S. I.1994/2877), which is revoked.