SCHEDULES
F1SCHEDULE 1BEnforcement of disclosure requirements
Annotations:
Amendments (Textual)
Company's power to withdraw restrictions notice
11
A company that issues a person with a restrictions notice under paragraph 1 must by notice withdraw the restrictions notice if—
a
it is satisfied that there is a valid reason sufficient to justify the person's failure to comply with the notice served under section 790D or 790E,
b
the notice served under section 790D or 790E is complied with, or
c
it discovers that the rights of a third party in respect of the relevant interest are being unfairly affected by the restrictions notice.
Schs. 1A, 1B inserted (26.5.2015 for specified purposes, 6.4.2016 in so far as not already in force) by Small Business, Enterprise and Employment Act 2015 (c. 26), s. 164(1), Sch. 3 para. 2; S.I. 2015/1329, reg. 3(a); S.I. 2015/2029, reg. 4(a)