[CG52637] Share exchange: anti-avoidance: notification of clearance or refusal
Clearance & Counteraction Team sends copies of its letter giving or refusing clearance to the office dealing with the company whose shares are being acquired. If that company is not resident in the UK copies will be sent to the UK company making the acquisition or a UK parent company in the case of group companies. The Clearance Section will send a copy of the clearance application to Large Business Offices for all their cases but will only send a copy of the clearance application itself to other offices if they consider it contains particularly relevant information. In other cases a copy of the clearance application will be provided if you ask for one.