C1Part VI Official Listing

Annotations:
Modifications etc. (not altering text)
C1

Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)

F1Approval of prospectus

Annotations:
Amendments (Textual)
F1

Ss. 84-87R and cross-headings substituted for ss. 84-87 (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 5

87DProcedure for decision on application for approval

 

1

If the competent authority approves a prospectus, it must give the applicant written notice.

2

If the competent authority proposes to refuse to approve a prospectus, it must give the applicant written notice.

3

The notice must state the competent authority's reasons for the proposed refusal.

4

If the competent authority decides to refuse to approve a prospectus, it must give the applicant written notice.

5

The notice must—

a

give the competent authority's reasons for refusing the application; and

b

inform the applicant of his right to refer the matter to the Tribunal.

6

If the competent authority refuses to approve a prospectus, the applicant may refer the matter to the Tribunal.

7

In this section “prospectus” includes a supplementary prospectus.