TakeoversU.K.
This section has no associated Explanatory Memorandum
14.—[F1(A1) Schedule 1C to the Companies Act 2006 applies to unregistered companies.]
(1) Sections 966 to 973 of the Companies Act 2006 (impediments to takeovers) apply to unregistered companies.
(2) Sections 974 to 991 of that Act (“squeeze-out” and “sell-out”) apply to unregistered companies, but so far as relating to the offeree company only if the unregistered company has voting shares admitted to trading on a regulated market.
Textual Amendments
F1Sch. 1 para. 14(A1) inserted (31.12.2020) by The Takeovers (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/217), regs. 1, 20; 2020 c. 1, Sch. 5 para. 1(1)