SCHEDULES
F1SCHEDULE 1BEnforcement of disclosure requirements
Annotations:
Amendments (Textual)
Supplementary provision
12
1
The Secretary of State may by regulations make provision about the procedure to be followed by companies in issuing and withdrawing restrictions notices.
2
The regulations may in particular make provision about—
a
the form and content of warning notices and restrictions notices, and the manner in which they must be given,
b
the factors to be taken into account in deciding what counts as a “valid reason” sufficient to justify a person's failure to comply with a notice under section 790D or 790E, and
c
the effect of withdrawing a restrictions notice on matters that are pending with respect to the relevant interest when the notice is withdrawn.
3
Regulations under this paragraph are subject to negative resolution procedure.
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)