The Panel
This section has no associated Explanatory Memorandum
4.—(1) For the purposes of these Regulations, a reference to the functions of the Panel is a reference to functions provided for in this Part.
(2) The Panel shall supervise takeover bids for the purposes of the rules.
(3) The Panel may do anything that it considers necessary or expedient for the purposes of, or in connection with, its functions.
(4) The Panel may make arrangements for any of its functions to be discharged by—
(a)a committee or sub-committee of the Panel; or
(b)an officer or member of staff of the Panel, or a person acting as such.