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Part 28Takeovers etc

Chapter 1The Takeover Panel

Contravention of rules etc

955Enforcement by the court

(1)If, on the application of the Panel, the court is satisfied—

(a)that there is a reasonable likelihood that a person will contravene a rule-based requirement, or

(b)that a person has contravened a rule-based requirement or a disclosure requirement,

the court may make any order it thinks fit to secure compliance with the requirement.

(2)In subsection (1) “the court” means the High Court or, in Scotland, the Court of Session.

(3)Except as provided by subsection (1), no person—

(a)has a right to seek an injunction, or

(b)in Scotland, has title or interest to seek an interdict or an order for specific performance,

to prevent a person from contravening (or continuing to contravene) a rule-based requirement or a disclosure requirement.

(4)In this section—