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GLOSSARY

General Principles definition

What does General Principles mean?

The Code is based upon six General Principles, essentially statements of standards of commercial behaviour. These General Principles are the same as the general principles set out in Article 3 of the takeover Directive. They are expressed in broad general terms and the Code does not define the precise extent of, or the limitations on, their application. They are applied in accordance with their spirit in order to achieve their underlying purpose.

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