C2Part 28Takeovers etc
Annotations:
Modifications etc. (not altering text)
C1Chapter 1The Takeover Panel
Annotations:
Modifications etc. (not altering text)
C1
Pt. 28 Ch. 21 extended (Isle of Man) (with modifications) (1.3.2009) by The Companies Act 2006 (Extension of Takeover Panel Provisions) (Isle of Man) Order 2008 (S.I. 2008/3122), art. 2, Sch.
Contravention of rules etc
956No action for breach of statutory duty etc
1
Contravention of a rule-based requirement or a disclosure requirement does not give rise to any right of action for breach of statutory duty.
2
Contravention of a rule-based requirement does not make any transaction void or unenforceable or (subject to any provision made by rules) affect the validity of any other thing.
3
In this section—
a
“contravention” includes failure to comply;
b
“disclosure requirement” and “rule-based requirement” have the same meaning as in section 955.
Pts. 1-39 (except for Pt. 7 and ss. 662-669), 45-47 extended (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), art. 5(1), Sch. 1 para. 2