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Financial Services Act 1986
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- UK Public General Acts
- 1986 c. 60
- PART VII
- Section 175
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175Price stabilisation
For section 6 of the [1985 c. 8.] Company Securities (Insider Dealing) Act 1985 (international bonds) there shall be substituted—
“6Price stabilisation.
(1)No provision of section 1, 2, 4 or 5 prohibits an individual from doing anything for the purpose of stabilising the price of securities if it is done in conformity with rules made under section 48 of the Financial Services Act 1986 and—
(a)in respect of securities which fall within any of paragraphs 1 to 5 of Schedule 1 to that Act and are specified by the rules ; and
(b)during such period before or after the issue of those securities as is specified by the rules.
(2)Any order under subsection (8) of section 48 of that Act shall apply also in relation to subsection (1) of this section.”.
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