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Companies Act, 2008 (Act No. 71 of 2008)

Chapter 5 : Fundamental Transactions, Takeovers and Offers

Part B : Authority of Panel and Takeover Regulations

120. Takeover regulations


The Minister, in consultation with the Panel, must prescribe regulations, to be known as the Takeover Regulations, to give effect to the purposes of this Part and Part C including, among other things, regulations to provide for—

(a) compliance with and enforcement of the provisions of this Part and Part C respecting affected transactions and offers;
(b) the administration, operation and procedures of the Panel;
(c) prescribed fees and levies imposed in terms of an Act of Parliament on certain companies; and
(d) any other matters relating to the powers and functions of the Panel.