Yn ddilys o 01/07/2005
[F187ETransfer by competent authority of application for approvalU.K.
(1)The competent authority may transfer an application for the approval of a prospectus or a supplementary prospectus to the competent authority of another EEA State (“the transferee authority”).
(2)Before doing so, the competent authority must obtain the agreement of the transferee authority.
(3)The competent authority must inform the applicant of the transfer within 3 working days beginning with the first working day after the date of the transfer.
(4)On making a transfer under subsection (1), the competent authority ceases to have functions under this Part in relation to the application transferred.]
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