Section 135: Registration of copy of proposed bid.

(1) No person or two or more persons jointly or in concert shall make a take-over bid unless a copy of any bid which it is proposed to despatch under the takeover bid, signed by or on behalf of that person or as the case may be, each of those persons, has been registered under this section.
(2) A copy of a proposed bid required to be registered under subsection (1) of this section shall be lodged with the Commission and, if the Commission is :
(a) satisfied that the proposed bid meets the requirements of subsection (1) or (2) of section 133 of this Act, shall register the copy; and
(b) if the Commission is not so satisfied, shall refuse to register the copy, and the Commission shall inform the person, or each person who signed the copy or on whose behalf the copy was signed, by a notice served on him, at an address provided by the person when the copy was lodged, that it has registered or, as the case may be, not registered the copy and give, its reasons for not doing so.
(3) Within thirty days after the service on him of a notice under subsection (2) of this section, a person may appeal the fact of the Commission's refusal to register a copy of a proposed bid to the Tribunal.
(4) The Tribunal may, after hearing an appeal under subsection (3) of this section, either order the Commission to register a copy of the proposed bid or uphold the decision of the Commission in which case the copy of the proposed bid shall not be registered.
(5) The fact that the Commission registers a copy of a proposed bid may not be relied on in any proceedings by any person as a representation that the bid satisfies the requirements of subsection (1) or (2) of section 133 of this Act.
(6) The Commission shall not register a copy of a proposed bid unless, where required, an authority to proceed with the take-over bid has been granted under section 134 of this Act and is then in force.