UK Statutory Instrument SI 2019/1490 United Kingdom

The Public Interest Merger Reference (Gardner Aerospace Holdings Ltd. and Impcross Ltd.) (Pre-emptive Action) Order 2019

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person5 Director or Officer1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts
Director or Officer — also bound by 429 other Acts
Companies Act 2006 126 duties

What it requires

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

s.art004 Impcross must ensure that— (a) the Impcross business is maintained... Regulated
  • Keep the business viable and prevent transfer of ownershipAny Person
s.art006 Gardners and Impcross must ensure that no step is taken... Regulated
  • Do not integrate the Impcross business with your businessDirector or Officer
s.art007 Without limiting article 6, Gardners and Impcross must so far... Regulated
  • Keep the Impcross business separate and unchanged during the merger reviewAny Person
s.art009 Compliance Regulated
  • Submit compliance statements to the Secretary of State every 10 working daysAny Person
s.art010 At all times, Impcross must keep the Secretary of State... Regulated
  • Report material developments to the Secretary of StateAny Person
s.art011 If Gardner Aerospace Holdings Limited or Impcross has any reason... Regulated
  • Notify Secretary of State of suspected contravention of this OrderAny Person
7 other provisions — procedural and definitional
s.art001 Citation and commencement
s.art002 Interpretation
s.art003 Interim provisions
s.art005 Sections 26(2) to (4) and 127(1), (2) and (4) to...
s.art008 No trade secrets, know-how, commercially-sensitive information, intellectual property or any...
s.art012 (1) The Secretary of State may give directions in writing...
s.art013 For the purposes of paragraph 2(2C) of Schedule 7 to...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.