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Takeovers Act 1993

Miscellaneous - Exemptions and regulations

45A: Variation and revocation of exemptions

You could also call this:

"The Panel can change or cancel special exemptions."

Illustration for Takeovers Act 1993

The Panel can change or cancel an exemption given under section 45. When the Panel changes or cancels an exemption, it follows the same rules as when it gives an exemption. You can find these rules in section 45(1) to (5).

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=DLM5539106.

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Part 4Miscellaneous
Exemptions and regulations

45AVariation and revocation of exemptions

  1. The Panel may vary or revoke an exemption granted under section 45.

  2. Section 45(1) to (5) applies, with necessary modifications, in all respects to a variation or revocation under this section.

Notes
  • Section 45A: replaced, on , by section 3 of the Secondary Legislation Act 2021 (2021 No 7).