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Company Law Reform Bill [HL]

moved Amendment No. A169A:"Page 439, line 15, leave out from ““day”” to ““; or”” in line 16 and insert ““on which all conditions to the offer are declared, satisfied or waived””" The noble Lord said: In speaking to the amendment, I shall speak also to Amendments Nos. A169B and A169C. They relate to Schedule 3(2)(4). At present, a squeeze-out notice cannot be given after the end of three months beginning with the day after the last day on which the offer can be accepted. As we read the Bill, this period will now be open ended. The amendment would resolve the issue by stating that the period during which such notice can be given ends three months after the date,"““on which all conditions to the offer are declared, satisfied or waived””." I beg to move.