2.—(1) In section 86(1) of the Act (exempt offers to the public), in subsections (1A)(c) and (1B)(a), after “the FCA” insert “or the competent authority of another EEA State”.
(2) In section 87A(2) of the Act (criteria for approval of prospectus by FCA), omit subsection (7A).
(3) In section 87K(3) of the Act (power to suspend or prohibit offer to the public), in subsection (1) omit “in the United Kingdom”.
(4) In section 87L(4) of the Act (power to suspend or prohibit admission to trading on a regulated market), in subsection (1) omit “situated or operating in the United Kingdom”.
Commencement Information
I1Reg. 2 in force at 17.12.2014, see reg. 1(2)(a)
Section 86 was substituted by S.I. 2005/1433, and amended by the Financial Services Act 2012 (c.21) section 16(1) – (3),, S.I. 2012/1538 and 2013/1125; there are other amending instruments but none is relevant.
Section 87A was substituted by S.I. 2005/1433, and amended by the Financial Services Act 2012, S.I. 2012/1538.
Section 87K was substituted by S.I. 2005/1433 and amended by the Financial Services Act 2012 c.21, section 16(1)-(3).
Section 87L was substituted by S.I. 2005/1433 and amended by the Financial Services Act 2012 c.21, section 16(1)-(3).