F1PART 9ARules and Guidance
CHAPTER 2Rules: modification, waiver, contravention and procedural provisions
Contravention of rules
138ELimits on effect of contravening rules
(1)
A person is not guilty of an offence by reason of a contravention of a rule made by either regulator.
(2)
No such contravention makes any transaction void or unenforceable.
(3)
Subsection (2) does not apply in relation to—
(a)
rules made by the FCA under section 137C, F2...
(d)
rules made by the FCA under section 137FD F7; or
F8(e)
designated activity rules imposing under paragraph (2) of regulation 32 of the Public Offers and Admissions to Trading Regulations 2024 (withdrawal rights in connection with public offers of securities) a duty in relation to which provision made under paragraph (4) of that regulation applies.