Document ID: chunk:federal_register_of_legislation:C2004A03231:body:0:p16
Version: federal_register_of_legislation:C2004A03231
Segment Type: other
Provision Reference: 
Character Range: 39742–42332

person

    affected by the contravention, including, but without limiting the generality of the foregoing, one or more of the following orders:
             (a) an order directing the offeror to supply to the holders of shares in the target company such information as is specified in the order;
             (b) in a case where the contravention is constituted by a failure to do a particular act or thing—an order directing the offeror to do that act or thing within such period as is specified in the order, notwithstanding that the period specified in the condition for the doing of the act or thing has expired;
             (c) an order of a kind referred to in any of paragraphs (1) (c) to (j), inclusive.".

Miscellaneous provisions relating to orders
23. Section 49 of the Principal Act is amended by omitting sub-section (4) and substituting the following sub-section:
"(4) Without limiting the nature of the orders that may be made by the Court under section 45, 46, 47 or 60 directing the disposal of, or of an interest in, a share in a company, such an order may include one or more of the following provisions:
     (a) a provision that the disposal shall be made within such time and subject to such conditions (if any) as the Court thinks fit, including, if the Court thinks fit, a condition that the disposal shall not be made to a particular person or persons or to persons included in a particular class or classes of persons;
     (b) a provision that a person specified in the order is liable to pay to the company an amount equal to the amount of any profit made by the person as a result of, or in connection with, the disposal of the shares;
     (c) a provision that a person specified in the order shall, for all purposes connected with the disposal of the shares, be deemed to hold the shares as a trustee for the beneficial owner of the shares.".

24. Section 52 of the Principal Act is repealed and the following section is substituted:

Announcements of proposed take-over bids
"52. (1) A person shall not, whether alone or together with another person or other persons, make a public announcement to the effect that he proposes, or that he and another person, or he and other persons, together propose, to make take-over offers or to cause take-over offers to be made, or to cause a take-over announcement to be made, if—
     (a) he knows that the announcement is false or is recklessly indifferent to whether it is true or false;
     (b) in the case of an announcement that he proposes to make take-over offers, or to cause take-over offers to be made, or