SCHEDULES

C1F1SCHEDULE 1CRules of the Takeover Panel: general principles and other provision

Annotations:
Modifications etc. (not altering text)

PART 2Other provision

Time allowed for acceptance

14

1

Rules may contain provision changing the time allowed for the acceptance of a takeover bid in specific cases.

2

Rules may confer power on the Panel to grant a derogation from the time allowed for the acceptance of a takeover bid in order to allow the offeree company to call a general meeting of the company to consider the takeover bid.