C1Part XVIII Recognised Investment Exchanges and Clearing Houses

Annotations:
Modifications etc. (not altering text)

F1CHAPTER 1ACONTROL OVER RECOGNISED INVESTMENT EXCHANGE

Annotations:
Amendments (Textual)

Assessment procedure

301HDuration of approval

1

 Approval of an acquisition is effective for such period as the Authority may specify in writing.

2

Where the Authority has specified a period under subsection (1), it may extend the period.

3

Where the Authority has not specified a period, the approval is effective for one year beginning with the date—

a

of the notice given under section 301G(3)(a);

b

on which the Authority is treated as having given approval under section 301G(5); or

c

of a decision on a reference to the Tribunal which results in the person receiving approval.