OpenLegislation

Section 64 Timing of a reportable eventI1I2

United Kingdom

Where a reportable event results from an agreement providing for P to acquire shares or voting rights, or to form a joint venture vehicle together with at least one other person, the event is to be treated as taking place for the purposes of section 57(1) and section 63(1) when P becomes unconditionally obliged to acquire the shares or voting rights, or to form the joint venture vehicle.

Annotations

Commencement

I1

S. 64 not in force at Royal Assent, see s. 339(1)

I2

S. 64 in force at 1.1.2025 by S.I. 2024/1226, regs. 1(2), 2(1)(2)