Valid from 01/07/2005
[F187FTransfer to competent authority of application for approvalU.K.
(1)Where the competent authority agrees to the transfer to it of an application for the approval of a prospectus made to the competent authority of another EEA State—
(a)the United Kingdom is to be treated for the purposes of this Part as the home State in relation to the issuer of the transferable securities to which the prospectus relates, and
(b)this Part applies to the application as if it had been made to the competent authority but with the modification in subsection (2).
(2)Section 87C applies as if the date of the transfer were the date on which the application was received by the competent authority.]
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