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Takeovers Act 1993

Takeovers Panel

7B: Membership and chairperson of division

You could also call this:

"Who is in a division and who is in charge"

Illustration for Takeovers Act 1993

You are part of a division with other members assigned by the Panel or the chairperson. Each division must have at least 3 members. If your division does not have the chairperson or deputy chairperson, the Panel or chairperson will choose one of you as the chairperson.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM325598.

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7A: Panel may act by divisions, or

"The Takeovers Panel can split into smaller groups to make decisions."

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7C: Powers of division, or

"The Takeovers Panel can divide into smaller groups to make decisions."

Part 1Takeovers Panel

7BMembership and chairperson of division

  1. Each division consists of the members who are assigned to it for the time being by the Panel or the chairperson.

  2. Each division must have at least 3 members.

  3. If the members appointed to a division do not include either the chairperson or the deputy chairperson, the Panel or chairperson must nominate one of those members as chairperson of that division.

  4. Repealed

  5. Repealed
Notes
  • Section 7B: inserted, on , by section 5(1) of the Takeovers Amendment Act 2001 (2001 No 30).
  • Section 7B(1): replaced, on , by section 9(1) of the Takeovers Amendment Act 2002 (2002 No 45).
  • Section 7B(1A): inserted, on , by section 9(1) of the Takeovers Amendment Act 2002 (2002 No 45).
  • Section 7B(2): amended, on , by section 9(2) of the Takeovers Amendment Act 2002 (2002 No 45).
  • Section 7B(3): repealed, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).
  • Section 7B(4): repealed, on , by section 200 of the Crown Entities Act 2004 (2004 No 115).