Transitional treatment for delisting proposals: prior acts remain under old guidelines; pending offers proceed under updated regulations. Regulation 31 sets transitional rules: acts, omissions, rights, obligations and liabilities under the 2003 Delisting Guidelines before commencement of the 2009 Regulations remain governed by the 2003 Guidelines; delisting proposals begun before commencement but lacking an offer price determined under regulation 15(1) are to proceed under the 2009 Regulations as amended; and exit opportunities already completed or initiated but not completed under the 2003 Guidelines must be completed and the resultant delisting applications processed under those Guidelines.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Transitional treatment for delisting proposals: prior acts remain under old guidelines; pending offers proceed under updated regulations.
Regulation 31 sets transitional rules: acts, omissions, rights, obligations and liabilities under the 2003 Delisting Guidelines before commencement of the 2009 Regulations remain governed by the 2003 Guidelines; delisting proposals begun before commencement but lacking an offer price determined under regulation 15(1) are to proceed under the 2009 Regulations as amended; and exit opportunities already completed or initiated but not completed under the 2003 Guidelines must be completed and the resultant delisting applications processed under those Guidelines.
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