C1Part VI Official Listing
Transferable securities: powers of F3FCA
Words in ss. 87J-87O and cross-heading substituted (24.1.2013 for specified purposes, 1.4.2013 in so far as not already in force) by Financial Services Act 2012 (c. 21), ss.16(2)(3)(e), 122(3) (with Sch. 20); S.I. 2013/113, art. 2(1)(c), Sch. Pt. 3; S.I. 2013/423, art. 3, Sch.
87PF3Exercise of powers at request of competent authority of another EEA State
1
This section applies if—
a
the competent authority of an EEA State other than the United Kingdom has approved a prospectus,
b
the transferable securities to which the prospectus relates have been offered to the public in the United Kingdom or their admission to trading on a regulated market has been requested, and
c
that competent authority makes a request that the F2FCA assist it in the performance of its functions under the law of that State in connection with the prospectus directive.
2
For the purpose of complying with the request mentioned in subsection (1)(c), the powers conferred by sections 87K and 87L may be exercised as if the prospectus were one which had been approved by the F1FCA.
3
Section 87N does not apply to an exercise of those powers as a result of this section.
4
Section 87O does apply to such an exercise of those powers but with the omission of subsections (3)(e), (6) and (7).
Pt. 6 (ss. 72-103) applied (with modifications) (1.12.2001) by S.I. 1995/1537, Sch. 4 (as amended (1.12.2001) by S.I. 2001/3649, arts. 1, 511)