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Takeovers Act 1993

Investigation and enforcement - Enforcement by court - General

39: Orders directing disposal of securities

You could also call this:

"Forcing someone to sell their shares"

Illustration for Takeovers Act 1993

You are looking at a part of the Takeovers Act 1993 called 'Orders directing disposal of securities'. This part was repealed on 25 October 2006. It was repealed by section 20 of the Takeovers Amendment Act 2006, which you can find on the https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM384577 legislation website.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM326362.

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Topics:
Money and consumer rights > Consumer protectionBusiness > Industry rules
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38: Court may have regard to determinations and recommendations by Panel, or

"The court can consider the Panel's decisions and advice when making its own decisions."

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40: Revocation, variation, and suspension of orders, or

"Changing or cancelling orders made under the law"

Part 3Investigation and enforcement
Enforcement by court: General

39Orders directing disposal of securities (Repealed)

    Notes
    • Section 39: repealed, on , by section 20 of the Takeovers Amendment Act 2006 (2006 No 48).