C2Part 28Takeovers etc

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C1Chapter 1The Takeover Panel

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The Panel and its rules

942The Panel

1

The body known as the Panel on Takeovers and Mergers (“the Panel”) is to have the functions conferred on it by or under this Chapter.

2

The Panel may do anything that it considers necessary or expedient for the purposes of, or in connection with, its functions.

3

The Panel may make arrangements for any of its functions to be discharged by—

a

a committee or sub-committee of the Panel, or

b

an officer or member of staff of the Panel, or a person acting as such.

This is subject to section 943(4) and (5).