Gas Regulator Levies Act, 2002
R 385
Companies Act, 2008 (Act No. 71 of 2008)RegulationsCompanies Regulations, 2011Chapter 5 : Fundamental Transactions and Takeover RegulationsPart D : Duties and Conduct of Offeree and Directors112. Acquisition of own securities by offeree |
During an offer period, an offeree regulated company and its subsidiary companies may not acquire the offeree regulated company's own securities without—
| (a) | the prior written approval of the Panel, and the approval of the holders of relevant securities; or |
| (b) | in terms of a pre-existing obligation or agreement entered into before the time contemplated in section 126 (1). |
