In accordance with section 944 of the Companies Act 2006, Article 4 of the Companies (Takeovers and Mergers Panel) (Jersey) Law 2009 and section 340C of the Companies (Guernsey) Law, 2008, rules made by the Panel must be made by an instrument in writing. This page includes the Code as at 20 May 2006 and the instruments made since that date. All the links in the following table are to documents in PDF format.
| Name | Description | Made | Implementation |
|---|---|---|---|
| Instrument 2024/3 | Companies to which the Takeover Code applies | 6 November 2024 | 3 February 2025 |
| Instrument 2024/2 | Document charges | 17 April 2024 | 30 April 2024 |
| Instrument 2024/1 | The Pensions and Lifetime Savings Association | 17 April 2024 | 30 April 2024 |
| Instrument 2023/4 | Central counterparty recovery and resolution | 18 December 2023 | 31 December 2023 |
| Instrument 2023/3 | Restrictions on frustrating action and other matters | 27 October 2023 | 11 December 2023 |
| Instrument 2023/2 | Miscellaneous Code amendments | 4 April 2023 | 22 May 2023 |
| Instrument 2023/1 | The offer timetable in a competitive situation | 4 April 2023 | 22 May 2023 |
| Instrument 2022/6 | Presumptions of the definition of “acting in concert” and related matters | 14 December 2022 | 20 February 2023 |
| Instrument 2022/5 | Association for Financial Markets in Europe | 13 July 2022 | 13 July 2022 |
| Instrument 2022/4 | Removal of restriction on anonymous order book dealings | 5 May 2022 | 13 June 2022 |
| Instrument 2022/3 | Document charges | 5 May 2022 | 13 June 2022 |
| Instrument 2022/2 | Miscellaneous Code amendments | 5 May 2022 | 13 June 2022 |
| Instrument 2022/1 | Limitation on length of service of Panel members | 26 January 2022 | 26 January 2022 |
| Instrument 2021/5 | Takeover Appeal Board | 14 July 2021 | 2 August 2021 |
| Instrument 2021/4 | Document charges | 14 July 2021 | 2 August 2021 |
| Instrument 2021/3 | The Chartered Governance Institute UK & Ireland | 14 July 2021 | 2 August 2021 |
| Instrument 2021/2 | Gender neutrality | 14 April 2021 | 5 July 2021 |
| Instrument 2021/1 | Conditions to offers and the offer timetable | 31 March 2021 | 5 July 2021 |
| Instrument 2020/2 | Minor amendments to the Takeover Code | 12 November 2020 | 31 December 2020 |
| Instrument 2020/1 | Document Charges | 12 November 2020 | 31 December 2020 |
| Instrument 2019/4 | UK Finance – Corporate Finance Committee | 6 November 2019 | 6 November 2019 |
| Instrument 2019/3 | The United Kingdom’s withdrawal from the European Union | 4 April 2019 | 31 December 2020 |
| Instrument 2019/2 | Amendments to references to the UKLA and other matters | 25 March 2019 | 1 April 2019 |
| Instrument 2019/1 | Asset valuations and other matters | 6 March 2019 | 1 April 2019 |
| Instrument 2017/7 | Fees and charges | 8 December 2017 | 8 January 2018 |
| Instrument 2017/6 | Amendments to the definitions of ‘multilateral trading facility’ and ‘regulated market’ | 8 December 2017 | 3 January 2018 |
| Instrument 2017/5 | Statements of intention and related matters | 8 December 2017 | 8 January 2018 |
| Instrument 2017/4 | Asset sales and other matters | 8 December 2017 | 8 January 2018 |
| Instrument 2017/3 | Changes to nominating bodies | 12 July 2017 | 12 July 2017 |
| Instrument 2017/2 | Schemes of arrangement, multilateral trading facilities and other miscellaneous amendments to the Takeover Code | 12 April 2017 | 2 May 2017 |
| Instrument 2017/1 | Amendments to Section 8 (Takeover Appeal Board) of the Introduction to the Takeover Code and other minor amendments | 12 April 2017 | 2 May 2017 |
| Instrument 2016/5 | The communication and distribution of information during an offer | 29 July 2016 | 12 September 2016 |
| Instrument 2016/4 | Amendments to the Introduction to the Takeover Code | 14 July 2016 | 12 September 2016 |
| Instrument 2016/3 | Amendments to the Introduction to the Takeover Code | 14 July 2016 | 12 September 2016 |
| Instrument 2016/2 | Rules of Procedure of the Hearings Committee | 14 July 2016 | 12 September 2016 |
| Instrument 2016/1 | The communication and distribution of information during an offer | 14 July 2016 | Superseded by Instrument 2016/5 |
| Instrument 2015/4 | Appointment of the Quoted Companies Alliance as a nominating body | 9 November 2015 | 9 November 2015 |
| Instrument 2015/3 | Dividends; Restrictions and suspensions of voting rights; Additional presumptions to the definition of acting in concert | 23 October 2015 | 23 November 2015 |
| Instrument 2015/2 | Fees and charges | 20 April 2015 | 1 May 2015 |
| Instrument 2015/1 | Bank recovery and resolution | 5 January 2015 | 10 January 2015 |
| Instrument 2014/4 | Post-offer undertakings and intention statements | 23 December 2014 | 12 January 2015 |
| Instrument 2014/3 | Change of name of the Investment Management Association to The Investment Association | 16 December 2014 | 1 January 2015 |
| Instrument 2014/2 | Miscellaneous amendments to the Takeover Code | 14 November 2014 | 1 January 2015 |
| Instrument 2014/1 | Replacement of the Office of Fair Trading and the Competition Commission by the Competition and Markets Authority; change of name of the Association of Private Client Investment Managers and Stockbrokers to the Wealth Management Association | 4 March 2014 | 1 April 2014 |
| Instrument 2013/4 | Profit forecasts, quantified financial benefits statements and material changes in information | 24 July 2013 | 30 September 2013 |
| Instrument 2013/3 | Companies subject to the Takeover Code and other minor amendments | 15 May 2013 | 30 September 2013 |
| Instrument 2013/2 | Pension scheme trustee issues | 22 April 2013 | 20 May 2013 |
| Instrument 2013/1 | Amendments to reflect the restructuring of the UK’s financial regulatory framework, miscellaneous amendments flowing from the consultation on PCP 2012/1 and other minor amendments | 28 March 2013 | 1 April 2013 |
| Instrument 2011/2 | Amendments following the Code Committee’s review of the regulation of takeover bids | 21 July 2011 | 19 September 2011 |
| Instrument 2011/1 | Minor amendments to the Takeover Code and the Rules of Procedure of the Hearings Committee | 21 July 2011 | 21 July 2011 |
| Instrument 2010/1 | Amendments to Rule 5.2(c)(iii) | 5 March 2010 | 8 March 2010 |
| Instrument 2009/6 | Extending the Code’s disclosure regime | 16 December 2009 | 19 April 2010 |
| Instrument 2009/5 | Miscellaneous Code amendments | 16 December 2009 | 25 January 2010 |
| Instrument 2009/4 | Replacement of LIBA by AFME | 28 October 2009 | 2 November 2009 |
| Instrument 2009/3 | Amendments relating to the Companies Act 2006 and other minor and consequential amendments to the Code | 23 September 2009 | 1 October 2009 |
| Instrument 2009/2 | Legislative changes relating to Jersey, Guernsey and the Isle of Man | 25 June 2009 | 1 July 2009 |
| Instrument 2009/1 | Legislative changes relating to the Isle of Man | 27 February 2009 | 1 March 2009 |
| Instrument 2008/4 | Miscellaneous Code amendments and Electronic communications, websites and information rights | 19 December 2008 | 30 March 2009 |
| Instrument 2008/3 | Minor and consequential amendments to the Code | 15 July 2008 | 29 July 2008 |
| Instrument 2008/2 | Competition reference periods | 15 July 2008 | 29 July 2008 |
| Instrument 2008/1 | Asset valuations – Rules 29.1 and 29.2 | 4 March 2008 | 4 April 2008 |
| Instrument 2007/2 | Announcements by companies admitted to trading on the PLUS primary markets | 29 November 2007 | 14 January 2008 |
| Instrument 2007/1A | Schemes of arrangement | 10 January 2008 | 14 January 2008 |
| Instrument 2007/1 | Schemes of arrangement | 29 November 2007 | 14 January 2008 |
| Resolution | (a) Amendments made as a consequence of the commencement of provisions of the Companies Act 2006 and the change of name of “OFEX” (b) Rules of Procedure of the Hearings Committee | 6 March 2007 | 6 April 2007 |
| The Code: 20 May 2006 | The Takeover Code as at 20 May 2006 | – | 20 May 2006 |