S.I. No. 317/1982 - Proposed Merger Or Take-Over Conditional Order, 1981 (Revocation) Order, 1982.


S.I. No. 317 of 1982.

PROPOSED MERGER OR TAKE-OVER CONDITIONAL ORDER, 1981 (REVOCATION) ORDER, 1982.

The Minister for Trade, Commerce and Tourism, in exercise of the powers conferred on him by section 9 of the Mergers, Take-overs and Monopolies (Control) Act, 1978 (No. 17 of 1978), and by the Industry, Commerce and Tourism (Alteration of Name of Department and Title of Minister) Order, 1981 ( S.I. No. 290 of 1981 ), hereby makes the following Order:

1. This Order may be cited as the Proposed Merger or Take-over Conditional Order, 1981 (Revocation) Order 1982.

2. In this Order "the Order of 1981" means the Proposed Merger or Take-over Conditional Order, 1981.

3. The Order of 1981 is hereby revoked.

4. The reason for making this Order is that the proposed merger or take-over referred to in Article 2 of the Order of 1981 is no longer likely either to restrict competition or to restrain the provision of the service of independent comment on business and economic matters.

GIVEN under the Official Seal of the Minister for Trade, Commerce and Tourism,

this 15th day of October, 1982.

H. McGLOIN.

A person authorised by the Minister for Trade, Commerce and

Tourism to authenticate the Official Seal of the Minister.

EXPLANATORY NOTE.

The effect of the Order is to permit Smurfit Investments (Ireland) Limited to acquire the entire issued share capital of Bedstone limited, which company's sole asset is the right to publish the magazine known as "Irish Business".

The Order is effective from the date of its signature, but may be annulled by a resolution of either House of the Oireachtas within 21 sitting days in either case.