Companies Act, 2008 (Act No. 71 of 2008)

Chapter 5 : Fundamental Transactions, Takeovers and Offers

Part B : Authority of Panel and Takeover Regulations

120. Takeover regulations

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The Minister, in consultation with the Panel, must prescribe regulations, to be known as the Takeover Regulations, to give effect to the purposes of this Part and Part C including, among other things, regulations to provide for—

(a)compliance with and enforcement of the provisions of this Part and Part C respecting affected transactions and offers;
(b)the administration, operation and procedures of the Panel;
(c)prescribed fees and levies imposed in terms of an Act of Parliament on certain companies; and
(d)any other matters relating to the powers and functions of the Panel.