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Part 28 U.K.Takeovers etc

Modifications etc. (not altering text)

Chapter 1U.K.The Takeover Panel

Modifications etc. (not altering text)

Co-operationU.K.

950Panel's duty of co-operationU.K.

(1)The Panel must take such steps as it considers appropriate to co-operate with—

[F1(a)the Financial Conduct Authority;

(aa)the Prudential Regulation Authority;

(ab)the Bank of England;]

(b)an authority designated as a supervisory authority for the purposes of Article 4.1 of the Takeovers Directive;

(c)any other person or body that exercises functions of a public nature, under legislation in any country or territory outside the United Kingdom, that appear to the Panel to be similar to its own functions or those of the [F2Financial Conduct Authority or the Prudential Regulation Authority or similar to the regulatory functions of the Bank of England].

(2)Co-operation may include the sharing of information that the Panel is not prevented from disclosing.

Textual Amendments

F1S. 950(1)(a)-(ab) substituted for s. 950(1)(a) (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 119(a) (with Sch. 20); S.I. 2013/423, art. 3, Sch.

F2Words in s. 950(1)(c) substituted (1.4.2013) by Financial Services Act 2012 (c. 21), s. 122(3), Sch. 18 para. 119(b) (with Sch. 20); S.I. 2013/423, art. 3, Sch.