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Section 593 of The Companies Act No. 17 of 2015: Further provisions about Takeover Rules

    

(1) The Takeover Rules may—
(a) make different provision for different purposes;
(b) make provision subject to exceptions or exemptions;
(c) contain incidental, supplemental, consequential or transitional provision; and
(d) authorise the Authority to dispense with, or modify the application of the rules in particular cases and by reference to any specified circumstances.
(2) Rules made for the purpose of subsection (1)(d) have no effect unless the Authority has specified the reasons for dispensing with or modifying the rules in the particular cases concerned.
(3) Immediately after making Takeover Rules, the Authority shall publish them in whatever way the Authority considers appropriate.
(4) A person does not contravene a Takeover Rule if the person shows that, at the time of the alleged contravention, the Takeover Rules had not been published as required by subsection (3).
(5) The production of a printed copy of a document purporting to contain the Takeover Rules on which is endorsed a certificate signed by an officer of the
Authority authorised by it for that purpose and stating—
(a) that the Rules were made by the Authority;
(b) that the copy is a true copy of the Rules; and
(c) that on a specified date the Rules were published as required by subsection (3), is evidence of the facts stated in the certificate.
(6) A certificate purporting to be signed as referred to in subsection (5) is to be treated as having been properly signed unless the contrary is shown.
(7) A person who, in any legal proceedings, wishes to rely on a document by which the Takeover Rules were made is entitled to require the Authority to endorse a copy of the document with a certificate of the kind referred to in subsection (5).

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Disclaimer: This document is not to be taken as legal advise.

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