(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).