Part XVIII

Recognised investment exchanges, clearing houses , CSDs and other parties
CHAPTER 1A

CONTROL OVER RECOGNISED INVESTMENT EXCHANGE

Interpretation

Interpretation
301M
1
In this Chapter—
- “
acquisition
” means the acquisition of control or of an increase in control over a recognised investment exchange;
...
- “
shares
” and “
voting power
” have the same meaning as in section 422.
2
For the purposes of this Chapter, a “
working day
” is a day other than—
a
a Saturday or a Sunday; or
b
a day which is a bank holiday in England and Wales under the Banking and Financial Dealings Act 1971.
Pt. 18 Ch. 1A substituted (21.3.2009) by virtue of The Financial Services and Markets Act 2000 (Controllers) Regulations 2009 (S.I. 2009/534), reg. 5, Sch. 2 (with reg. 8)
Pt. 18 applied in part (with modifications) (12.12.2011) by The Recognised Auction Platforms Regulations 2011 (S.I. 2011/2699), reg. 7, Sch. 2 (as amended (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), reg. 1, Sch. para. 37 (with regs. 7(4), 9(1)))
Pt. 18 heading substituted (28.11.2017) by The Central Securities Depositories Regulations 2017 (S.I. 2017/1064), regs. 1, 2(8) (with regs. 7(4), 9(1))
Words in s. 301M(1) omitted (31.12.2020) by virtue of The Investment Exchanges, Clearing Houses and Central Securities Depositories (Amendment) (EU Exit) Regulations 2019 (S.I. 2019/662), regs. 1(3), 6(3) (with savings in S.I. 2019/680, reg. 11); 2020 c. 1, Sch. 5 para. 1(1)
Words in Pt. 18 heading substituted (29.8.2023) by Financial Services and Markets Act 2023 (c. 29), ss. 18(2), 86(3); S.I. 2023/779, reg. 4(m)