23Expressions of interest by non‑parties

#### 23 Expressions of interest by non‑parties (1) The Takeovers Panel may give notice to a person, or to the public at large, of a decision by the Takeovers Panel to conduct proceedings. (2) A notice must include a description of the nature of the proceedings. (3) A notice may invite a person who is not a party to the proceedings to give, within a time allowed by the Takeovers Panel, a written expression of interest in the proceedings: (a) stating the nature of the interest of the person in the proceedings; and (b) setting out the reasons why the Takeovers Panel should consider a written submission of the person in relation to the proceedings. (4) The Takeovers Panel may, by written notice to the person, vary the period mentioned in subregulation (3).