Irish Takeover Panel Act, 1997
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Effect of Act as respects certain transactions. |
15.—Without prejudice to the powers of the Court under section 12 , nothing in this Act or an instrument thereunder shall operate to invalidate, or to confer on any person a right to have rescinded or otherwise set aside (including on an application for judicial review under the Order), a transaction that— | |
(a) has been carried out otherwise than in accordance with the scheduled principles, a rule under section 8 or a ruling or direction under section 9 , or | ||
(b) has been carried out in accordance with a rule, ruling or direction as aforesaid which is subsequently declared invalid or quashed on an application for judicial review under the Order. |