{
  "url": "https://openlegislation.uk/companies-act-2006/schedule-1C/paragraph-4",
  "json_url": "https://openlegislation.uk/companies-act-2006/schedule-1C/paragraph-4.json",
  "legislation": "ukpga/2006/46",
  "legislation_title": "Companies Act 2006",
  "legislation_url": "https://openlegislation.uk/companies-act-2006",
  "path": "schedule/1C/paragraph/4",
  "kind": "paragraph",
  "number": "4",
  "heading": null,
  "text": "False markets must not be created in the securities of—\n(a) the offeree company,\n(b) if the offeror is a company, that company, or\n(c) any other company concerned by the takeover bid,\nin such a way that the rise or fall of the prices of the securities becomes artificial and the normal functioning of the markets is distorted.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Sch. 1C inserted (31.12.2020) by The Takeovers (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/217), reg. 1, Sch.; 2020 c. 1, Sch. 5 para. 1(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2006/46/schedule/1C/paragraph/4",
    "retrieved_at": "2026-10-29T09:13:40.060156+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}