Dec 13 (Reuters) - Australian Government Takeovers Panel:
* Made a declaration of unacceptable circumstances on 29 nov in relation to application by Thomas Reddicliffe
* Connsidered that issue of 50 mln Merlin shares to Regals following conversion of convertible notes contravened s606
* Considered that Mordechai Gutnick was associated with his father Joseph Gutnick and Regals Fund LP
* Panel made orders prohibiting Regals and its associates voting 50 million of their Merlin shares for period of 12 months Source text for Eikon: Further company coverage: MED.AX