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  • Compliance Responsibility

    • TMA-B.1.13

      Each director of an offeror and of the offeree company as well as those acting in concert and their professional advisers has a responsibility to ensure, so far as he is reasonably able, that the requirements of this Module are complied with in the conduct of transactions which are the subject of the TMA Module.

      Amended: October 2019

    • TMA-B.1.14

      [This Paragraph was deleted in October 2019].

      Deleted: October 2019

    • TMA-B.1.15

      The primary responsibility for ensuring compliance with the Module rests with parties involved in a take-over, merger, acquisition, or share repurchase and their professional advisers as follows:

      (a) Persons or groups of persons who seek to gain or consolidate control of companies that are subject to the Module; and
      (b) Their brokers and other professional advisers; or parties who otherwise participate in, act in concert or are connected with, transactions to which the Module applies.
      Amended: October 2019

    • TMA-B.1.16

      [This Paragraph was deleted in October 2019].

      Deleted: October 2019