Applications under the short selling regulation
5.—(1) Any application to the Authority under the short selling regulation must—
(a)be made in such manner as the Authority may direct; and
(b)contain, or be accompanied by, such other information as the Authority may reasonably require.
(2) At any time after receiving an application and before determining it, the Authority may require the applicant to provide it with such further information as it reasonably considers necessary to enable it to determine the application.
(3) Different directions may be given, and different requirements imposed, in relation to different applications or categories of application.
(4) The Authority may require an applicant to provide information under this regulation in such form, or to verify it in such a way, as the Authority may direct.
(5) Section 398 of the Act (misleading the authority: residual cases) applies to a requirement imposed under this regulation as it applies to a requirement imposed by or under the Act.