UK Statutory Instrument SI 2019/1515 United Kingdom

The Public Interest Merger Reference (Mettis Aerospace 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.art003 Interim provisions Regulated
  • Maintain the Mettis business as a going concern and prevent its transferAny Person
s.art005 Mettis and SSCP Titan must ensure that no step is... Regulated
  • Do not integrate the Mettis business with the Aerostar businessAny Person
s.art006 Without limiting article 5, Mettis and SSCP Titan must, so... Regulated
  • Keep Mettis business separate and maintain its assets and operationsDirector or Officer
s.art008 Compliance Regulated
  • Submit compliance statements every 10 working daysAny Person
s.art009 At all times, Mettis and SSCP Titan Topco must keep... Regulated
  • Notify Secretary of State of material developments in Mettis businessAny Person
s.art010 If Mettis or SSCP Titan Topco has any reason to... Regulated
  • Notify Secretary of State immediately if you suspect a breach of this OrderAny Person
6 other provisions — procedural and definitional
s.art001 Citation and commencement
s.art002 Interpretation
s.art004 Sections 26(2) to (4) and 127(1), (2) and (4) to...
s.art007 No trade secrets, know-how, commercially-sensitive information, intellectual property or any...
s.art011 (1) The Secretary of State may give directions in writing...
s.art012 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.