# The Bank Recovery and Resolution (No. 2) Order 2014, Article 219: Modified application of the Companies Act 2006 (disapplication of Takeover Rules)


(1) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) Part 28 of the Companies Act 2006 (Takeovers etc) has effect as if, in section 943 (rules), after subsection (1) there were inserted—
“(1ZA) Rules made in accordance with paragraph 7(1) and (2) of Part 2 of Schedule 1C must provide that they do not apply in relation to any change in interests in shares or other transaction which is effected by the use of resolution tools, powers and mechanisms (within the meaning given in article 216 of the Bank Recovery and Resolution (No. 2) Order 2014).”.

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Source: https://www.legislation.gov.uk/uksi/2014/3348/article/219 (the official version)
Page: https://openlegislation.uk/bank-recovery-and-resolution-no-2-order-2014/article-219
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.