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37. Section 154 of the Act (advertisements etc. in connection with listing applications) shall have effect as if—
(a)it included provision that, where a European institution carrying on home-regulated investment business in the United Kingdom contravenes that section, it shall be treated as having contravened rules made under Chapter V of Part I of the Act, or in the case of an institution which is a member of a recognised self-regulating organisation, the rules of that organisation; and
(b)the reference in subsection (3) to a person other than an authorised person did not include a reference to such an institution.
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