Document ID: chunk:federal_register_of_legislation:C2004A02585:schedule:1:p2
Version: federal_register_of_legislation:C2004A02585
Segment Type: schedule
Provision Reference: sch 1 (pt 2/24)
Character Range: 105392–108112

(d) and substituting the following paragraph:
         "(d) the shareholders of a company did not all have reasonable and equal opportunities to participate in any benefits accruing, whether directly or indirectly and whether immediately or in the future, to any shareholder or to any person associated with a shareholder, in connection with the acquisition, or proposed acquisition, by any person of a substantial interest in the company."; and
    (d) by omitting paragraph (7a) (d) and substituting the following paragraph:
         "(d) the shareholders of a company did not all have reasonable and equal opportunities to participate in any benefits accruing, whether directly or indirectly and whether immediately or in the future, to any shareholder or to any person associated with a shareholder, in connection with the acquisition, or proposed acquisition, by any person of a substantial interest in the company.".

133. After section 60 of the Principal Act the following section is inserted:

Power of Commission to make certain orders
"60a. (1) Subject to this section, where the Commission makes a declaration under sub-section 60 (1), (3) or (4), the Commission may, whether or not the Commission has previously made an order under this section in reliance upon that declaration, by instrument in writing published in the Gazette, make one or more of the following orders:
    (a) an order restraining a specified person from disposing of any interest in specified shares;
    (b) an order restraining a specified person from acquiring any interest in specified shares;
    (c) an order restraining the exercise of voting or other rights attached to specified shares;
    (d) an order directing a person who is registered as the holder of shares in respect of which an order under this section is in force to give notice in writing of that order to any person whom he knows to be entitled to exercise a right to vote attached to those shares;
    (e) an order directing a company not to make payment, except in the course of winding up, of a sum due from the company in respect of specified shares;
    (f) an order directing a company not to register the transfer or transmission of specifed shares;
    (g) an order directing a company not to issue shares to a person who holds shares in the company, being shares that were proposed to be issued to the person by reason of his holding shares in the company or pursuant to an offer or invitation made or issued to him by reason of his holding shares in the company.
"(2) The Commission may, by instrument in writing published in the Gazette, vary or revoke an order made under sub-section (1).
"(3) A copy of an order under sub-section (1) and of any order