Takeovers Panel consults on civil enforcement regime under the Takeovers Act
Published 14 February 2025
As part of the Takeovers Panel’s ongoing review of takeovers law and practice, the Panel today released a consultation paper seeking input on a range of proposed amendments to the current enforcement regime set out in the Takeovers Act 1993.
This paper, referred to as the “Civil Enforcement Paper”, is available here. While the Panel considers the current civil enforcement regime is broadly fit for purpose, the Panel has identified aspects of the regime that may benefit from an update.
The Panel would greatly appreciate submissions from interested parties on the proposals outlined in the consultation paper.
The closing date for submissions is 18 April 2025. Interested parties should see the consultation paper for details on how to make their submissions.
Media Contact
Mark Cunliffe, General Counsel
E: mark.cunliffe@takeovers.govt.nz
M: +64 21 614 533 | DDI: +64 4 815 8453
