PART 2Amendments of Financial Services and Markets Act 2000

Official listing

I1I217Discontinuance or suspension at the request of the issuer: procedure

1

FSMA 2000 is amended as follows.

2

In section 78A (discontinuance or suspension at the request of the issuer: procedure)—

a

in subsection (1), for paragraphs (a) and (b) substitute—

a

immediately, if the notification under subsection (2) so provides;

b

in any other case, on such date as may be provided for in that notification.

b

in subsection (2), for “give him written notice” substitute “ notify the issuer (whether in writing or otherwise) ”, and

c

for subsection (3) substitute—

3

The notification must—

a

notify the issuer of the date on which the discontinuance or suspension took effect or will take effect, and

b

notify the issuer of such other matters (if any) as are specified in listing rules.

3

In section 395(13) (definition of “supervisory notice”), after “a notice” insert “ or notification ”.