Companies Act, 1990
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Transitional provisions. |
106.—(1) Where on the commencement of this section a person has an interest which, if it was acquired after such commencement, would be subject to a notification requirement under Chapter 1 or 2 he shall be under an obligation to make to the company the notification with respect to his interest required by the Chapter concerned. | |
(2) For the purposes of subsection (1), sections 56 and 71 (1) shall apply as if, for the period of 5 days mentioned in each of those provisions, there were substituted a period of 14 days. | ||
(3) Section 73 shall apply in relation to an agreement notwithstanding that it was made before the commencement of this section or that any such acquisition of shares as is mentioned in subsection (1) (b) of that section took place before such commencement. |