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V-1.1 - Securities Act

Section 141
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141. (Replaced).
1982, c. 48, s. 141; 1984, c. 41, s. 40; 2006, c. 50, s. 41.
141. From the opening of the take-over bid until its expiry, the offeror and his joint actors are prohibited from acquiring securities that increase their interest otherwise than according to the terms of the bid; they are also prohibited from accepting undertakings that would enable them to increase their interest on conditions other than those of the bid.
1982, c. 48, s. 141; 1984, c. 41, s. 40.
141. Where a take-over bid is subject to approval by a public body, the offeror may extend the time prescribed by sections 138 and 140 for taking up and paying for the securities by not over 90 days.
1982, c. 48, s. 141.
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