Companies Act, 1973 (Act No. 61 of 1973)

The Securities Regulation Code on Takeovers and Mergers

Rules under Sections 440C(4)(a), (b), (c) and (f) of Act No. 61 of 1973, as amended

6. Dissolution of The Panel
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The Panel may be dissolved by the Minister upon the written request of not less than three-quarters of the members thereof, and upon dissolution its assets shall be transferred to some other institution, board or body which has been granted exemption from tax in terms of section 10(1)(cA) of the Income Tax Act, 1962, and which has objects similar to those of the Panel, or to the State.