UK Statutory Instrument SI 2024/103 United Kingdom

The Public Interest Merger Reference (Telegraph Media Group Limited) (Pre-emptive Action) Order 2024

Read it on legislation.gov.uk (opens in a new tab)
Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person4 Employer1

Plus 2 duties on the regulator, Crown ministers and public bodies — folded into the section list below.

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
Employer — also bound by 682 other Acts
TULRCA 1992 72 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
  • PIHL Group and acquiring entities must not take action that could prejudice a merger referenceAny Person
s.art004 During the specified period, except with the prior written consent... Regulated
Other duties (1) — Crown / regulator
  • Do not integrate Telegraph Media Group or change its managementCrown / Minister / Government department
s.art005 During the specified period, except with the prior written consent... Regulated
  • Do not change RB Investco Group structure without consentAny Person
s.art006 The PIHL Group and the Acquiring Entities must take all... Regulated
  • Take reasonable steps to retain key staff during the specified periodEmployer
s.art007 Except with the prior written consent of the Secretary of... Regulated
  • Do not remove or transfer key staff without Secretary of State consentAny Person
s.art008 Compliance Regulated
Other duties (1) — Crown / regulator
  • Provide compliance information to the Secretary of State when requestedCrown / Minister / Government department
s.art010 At all times, the PIHL Group and the Acquiring Entities... Regulated
  • Report material developments in the Telegraph Media Group business to the Secretary of StateAny Person
6 other provisions — procedural and definitional
s.art001 Citation, commencement and extent
s.art002 Interpretation
s.art009 A compliance statement must be signed by the chief executive...
s.art011 If any member of the PIHL Group or any of...
s.art012 Derogations
s.art013 Revocation

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