Rules and regulations.

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The Administrator may prescribe reasonable rules and regulations:

1. Defining fraudulent, evasive, deceptive or grossly unfair practices in connection with multinational corporation take-over bids, and the terms used in this act;

2. Exempting from this act multinational corporation take-over bids not made for the purpose of, and not having the effect of, changing or influencing the control of a target company; and

3. Covering such other matters as are necessary to give effect to this act.

Added by Laws 1980, c. 300, § 7, emerg. eff. June 12, 1980.


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