BAILII is celebrating 24 years of free online access to the law! Would you consider making a contribution?
No donation is too small. If every visitor before 31 December gives just £1, it will have a significant impact on BAILII's ability to continue providing free access to the law.
Thank you very much for your support!
 |
[Home] [Databases] [World Law] [Multidatabase Search] [Help] [Feedback] | |
United Kingdom Statutory Instruments |
||
|
You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Merger Situation (Stora/Swedish Match/Gillette) (Interim Provision) (Revocation) Order 1993 No. 1703 URL: http://www.bailii.org/uk/legis/num_reg/1993/uksi_19931703_en.html |
||
[New search] [Help]
Statutory Instruments
MONOPOLIES AND MERGERS
Made
8th July 1993
Laid before Parliament
8th July 1993
Coming into force
8th July 1993
1. This Order may be cited as the Merger Situation (Stora/Swedish Match/Gillette) (Interim Provision) (Revocation) Order 1993 and shall come into force forthwith.
2. The Merger Situation (Stora/Swedish Match/Gillette) (Interim Provision) Order 1991 (3) is hereby revoked.
N. Hamilton
Parliamentary Under Secretary of State
Department of Trade and Industry
8th July 1993
(This note is not part of the Order)
This Order revokes the Merger Situation (Stora/Swedish Match/Gillette) (Interim Provision) Order 1991. The earlier Order was made with a view to achieving the purpose of an Order which the Secretary of State had under consideration for remedying or preventing the adverse effects specified in a report of the Monopolies and Mergers Commission entitled "Stora Kopparbergs Bergslags AB/Swedish Match NV and Stora Kopparbergs/Bergslags AB/The Gillette Company-a report on the merger situations" (Cm 1473 published by Her Majesty's Stationery Office.) The Secretary of State does not now have under consideration the Order which he was considering when the earlier Order was made.
The earlier Order prohibited Gillette UK Limited from disposing, or agreeing to dispose, of any equity interest which it had in Swedish Match NV or any agreement relating to the equity of Swedish Match. It also prohibited Lustrasilk International UK Limited from disposing, or agreeing to dispose, of any interest which it had in the indebtedness of Swedish Match, and from forgiving or accepting repayment of any debt owed it by Swedish Match.
section 89(2) was amended by the Companies Act 1989 (c. 40) section 153 and Schedule 20, paragraph 15(2).
