Financial Services and Markets Act 2000 (c. 8)

Please note that the date you requested in the address for this web page is not an actual date upon which a change occurred to this item of legislation. You are being shown the legislation from , which is the first date before then upon which a change was made.

Part VI U.K. Official Listing

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)

[F1 Approval of prospectus U.K.

Textual Amendments

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

87D Procedure for decision on application for approval U.K.

 

(1) If the [F2 FCA] approves a prospectus, it must give the applicant written notice.

(2) If the [F2 FCA] proposes to refuse to approve a prospectus, it must give the applicant written notice.

(3) The notice must state the [F2 FCA's] reasons for the proposed refusal.

(4) If the [F2 FCA] decides to refuse to approve a prospectus, it must give the applicant written notice.

(5) The notice must—

(a) give the [F2 FCA's] reasons for refusing the application; and

(b) inform the applicant of his right to refer the matter to the Tribunal.

(6) If the [F2 FCA] refuses to approve a prospectus, the applicant may refer the matter to the Tribunal.

(7) In this section “prospectus” includes a supplementary prospectus.]

Textual Amendments

F2 Words in ss. 87B-87D substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss. 16(2)(3)(c), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.