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In this section

Part 8
  • Part 1 Preliminary provisions
    		•
  • Part 2 Fundamental rule and exemptions
    		•
  • Part 3 Specific requirements for exceptions to fundamental rule
    		•
  • Part 4 Code offers
    		•
  • Part 5 Dealings and defensive tactics
  • Part 6 Offer procedure
  • Part 7 Compulsory acquisitions
  • Part 8 Market manipulation
    		•
  • Schedules
    • This unofficial version of the Takeovers Code includes the amendments made by the Takeovers Code Approval Amendment Regulations 2007. The Code as amended came into force on 1 July 2007.


    Part 8
    Market manipulation

    64.
    Misleading or deceptive conduct

    (1)
    A person must not engage in conduct that is-
    (a)
    conduct in relation to any transaction or event that is regulated by this code; and

    (b)
    misleading or deceptive or likely to mislead or deceive.

    (2)
    A person must not engage in conduct that is-
    (a)
    incidental or preliminary to a transaction or event that is or is likely to be regulated by this code; and

    (b)
    misleading or deceptive or likely to mislead or deceive.

    65.
    Exception for disclosure by investment advisers or brokers
    Rule 64 does not apply to conduct in relation to a disclosure under Part 4 of the Securities Markets Act 1988 or to conduct in relation to an advice advertisement, a broker advertisement, or a product advertisement to the extent that that conduct is regulated by Part 4 of that Act.