Part 1U.K.Digital Markets

Chapter 5U.K.Mergers

64Timing of a reportable eventU.K.

Where a reportable event results from an agreement providing for P to acquire shares or voting rights, or to form a joint venture vehicle together with at least one other person, the event is to be treated as taking place for the purposes of section 57(1) and section 63(1) when P becomes unconditionally obliged to acquire the shares or voting rights, or to form the joint venture vehicle.

Commencement Information

I1S. 64 not in force at Royal Assent, see s. 339(1)

I2S. 64 in force at 1.1.2025 by S.I. 2024/1226, regs. 1(2), 2(1)(2)