CodeWord Issue 07 - September 2002
Please note that the Panel does not update past issues of CodeWord. As such, the material may become out of date over time. Please refer to the Panel's guidance notes for up-to-date regulatory guidance.
In this issue
Explanation of the anti-avoidance provisions of the Takeovers Code
The Takeovers Code is concerned with regulating the change of control of “Code companies”, that is, listed companies and certain larger non-listed com…
Read MorePart 1: Control and Associates under Rule 6(1)
The Fundamental RuleExcept as permitted by rule 7, fundamental rule 6(1) generally prohibits a person becoming the holder or controller of an increase…
Read MorePart 2: The Deeming Provisions in Rule 6(2)
Another important anti-avoidance measure is found in the three deeming provisions in rule 6(2). These provisions address constraints that may otherwis…
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