TITLE II U.K. GENERAL PROVISIONS CONCERNING THE OFFICIAL LISTING OF SECURITIES

CHAPTER IV U.K. Powers of the national competent authorities

Section 1 U.K. Decision of admission

Article 15 U.K.

Where an application for admission to official listing relates to certificates representing shares, the application shall be considered only if the competent authorities are of the opinion that the issuer of the certificates is offering adequate safeguards for the protection of investors.