23.—(1) As soon as possible after adopting the draft terms of merger (see regulation 7), each merging company shall provide information to the employee representatives of that company or, if no such representatives exist, the employees themselves.
(2) The information referred to in paragraph (1) must include, as a minimum, information—
(a)identifying the merging companies,
(b)of any decision taken pursuant to regulation 36 (merging companies may select standard rules of employee participation), and
(c)giving the number of employees employed by each merging company.
(3) When a special negotiating body has been formed in accordance with regulation 25, each merging company must provide that body with such information as is necessary to keep it informed of the plan and progress of establishing the UK transferee company until the date upon which the consequences of the cross-border merger take effect (see regulation 17).