The principal function of the Hearings Committee is to review rulings of the Executive. The Hearings Committee also hears disciplinary proceedings instituted by the Executive when the Executive considers that there has been a breach of the Code. The Hearings Committee may also be convened for hearings in certain other circumstances.
The Hearings Committee comprises the Chair of the Panel, at least one Deputy Chair of the Panel, members of the Panel appointed by the Panel and designated as members of the Hearings Committee, and the members of the Panel appointed by the Nominating Bodies.
No person who is or has been a member of the Code Committee may simultaneously or subsequently be a member (or an alternate of a member) of the Hearings Committee.
The Rules of Procedure of the Hearings Committee are set out at Appendix 9 of the Code.
Any party to a hearing or prospective hearing (or any person denied permission to be a party to a hearing) may appeal to the Takeover Appeal Board (www.thetakeoverappealboard.org.uk) against any ruling of the Hearings Committee or of the chair of the hearing (including in respect of preliminary matters and procedural directions).
Notification of a request to review a ruling of the Executive
In accordance with the Rules of Procedure of the Hearings Committee, any request to review a ruling of the Executive should be notified to the Committee and the Executive by writing to supportgroup@thetakeoverpanel.org.uk.
After such a notice is received, the Secretary to the hearing will notify all interested parties to the requested hearing of the contact details to be used for subsequent communications.