EUR-Lex - 31977D0160 - EN

ARTICLE 1

THE PROVISIONS OF ARTICLE 85 ( 1 ) OF THE TREATY ESTABLISHING THE EUROPEAN ECONOMIC COMMUNITY ARE , PURSUANT TO ARTICLE 85 ( 3 ) , DECLARED INAPPLICABLE TO THE TERMS OF THE AGREEMENT OF 25 MARCH 1970 MADE BETWEEN ASSOCIATED ELECTRICAL INDUSTRIES LTD , REYROLLE PARSONS LTD AND VACUUM INTERRUPTERS LTD .

ARTICLE 2

VACUUM INTERRUPTERS LTD IS REQUIRED TO NOTIFY THE COMMISSION OF ANY CHANGES DURING THE PERIOD OF EXEMPTION IN ITS SHARE CAPITAL AND/OR THE OWNERSHIP OF ITS SHARES WITHIN 28 DAYS OF SUCH BECOMING EFFECTIVE .

ARTICLE 3

VACUUM INTERRUPTERS LTD IS REQUIRED TO NOTIFY THE COMMISSION OF ANY AUTHORIZATION GIVEN BY ASSOCIATED ELECTRICAL INDUSTRIES LTD AND REYROLLE PARSONS LTD DURING THE PERIOD OF EXEMPTION AUTHORIZING THE UNDERTAKING TO " CARRY ON ANY OTHER BUSINESS " WITH FULL PARTICULARS OF SUCH AUTHORIZATION WITHIN 28 DAYS OF SUCH AUTHORIZATION BEING GIVEN .

ARTICLE 4

THIS DECISION SHALL HAVE EFFECT FROM 1 JANUARY 1973 AND SHALL APPLY UNTIL 25 MARCH 1980 .

THIS DECISION IS ADDRESSED TO :

1 . VACUUM INTERRUPTERS LTD , 68 BALLARDS LANE , FINCHLEY , LONDON , ENGLAND ;

2 . ASSOCIATED ELECTRICAL INDUSTRIES LTD , 1 STANHOPE GATE , LONDON W1 , ENGLAND ;

3 . REYROLLE PARSONS LTD , HEBBURN , COUNTRY DURHAM , ENGLAND .

DONE AT BRUSSELS , 20 JANUARY 1977 .

FOR THE COMMISSION

R . VOUEL

MEMBER OF THE COMMISSION

( 1 ) OJ NO 13 , 21 . 2 . 1962 , P . 204/62 .