S.I. No. 130/1982 - Proposed Merger Or Take-Over Conditional Order, 1982.

S.I. No. 130 of 1982.

PROPOSED MERGER OR TAKE-OVER CONDITIONAL ORDER, 1982.

The Minister for Trade, Commerce and Tourism, with the agreement of Smurfit Investments (Ireland) Limited, and 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, 1982.

2. The Proposed Merger or Take-over Conditional Order, 1981 ( S.I. No. 331 of 1981 ), is hereby amended by the substitution of the following for condition (1) in Article 4:—

"(1) that ownership of the right to publish the magazine entitled, on the date of the making of this Order, "Irish Business", shall be divested by Smurfit Investments (Ireland) Limited not later than the 30th day of October, 1982".

GIVEN under the Official Seal of the Minister for Trade, Commerce andTourism,

this 30th day of April, 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 extend by six months the period specified in Article 4 (1) of the Proposed Merger or Take-over Conditional Order, 1981.

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.