Take-over Code

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 19 November 1973.

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Photo of Mr Geoffrey Howe Mr Geoffrey Howe , Reigate 12:00, 19 November 1973

Clearly there are certain matters which require statutory powers and enforcement by means of an Act of Parliament, but equally clearly there are others which are more susceptible of remedy by means of a self-policing organisation of the kind represented by the Take-over Panel. It is a matter for consideration where the line should be drawn.