38Procedures at conferences

#### 38 Procedures at conferences (1) As soon as practicable before a conference, the Takeovers Panel must give to a person who may attend the conference a statement setting out: (a) the matters which the Takeovers Panel proposes to raise at the conference; and (b) any other matter of which the Takeovers Panel wishes the person to be aware for the purposes of the conference. (2) At a conference with a person, the Takeovers Panel is not obliged to consider matters that are not set out in the statement given to the person before the conference. (3) The Takeovers Panel may make and retain a transcript of the proceedings of a conference. (4) If a person who may attend a conference does not attend: (a) the Takeovers Panel may conduct the conference in the absence of the person; and (b) the person may, before the day on which the conference begins, lodge with the Takeovers Panel any written submission that addresses the matters set out in the statement mentioned in subregulation (1); and (c) the Takeovers Panel must consider the submission in the proceedings.