C1Part VI Official Listing

Annotations:
Modifications etc. (not altering text)
C1

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)

Miscellaneous

97 Appointment by competent authority of persons to carry out investigations.

1

Subsection (2) applies if it appears to the competent authority that there are circumstances suggesting that—

F1a

there may have been a contravention of—

i

a provision of this Part or of Part 6 rules, or

ii

a provision otherwise made in accordance with the prospectus directive or the transparency obligations directive;

b

a person who was at the material time a director of a person mentioned in section 91(1), (1ZA)(a), (1A) or (1B) has been knowingly concerned in a contravention by that person of—

i

a provision of this Part or of Part 6 rules, or

ii

a provision otherwise made in accordance with the prospectus directive or the transparency obligations directive;

c

F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d

there may have been a contravention of section 83, 85 F3, 87G or 98.

2

The competent authority may appoint one or more competent persons to conduct an investigation on its behalf.

3

Part XI applies to an investigation under subsection (2) as if—

a

the investigator were appointed under section 167(1);

b

references to the investigating authority in relation to him were to the competent authority;

c

references to the offences mentioned in section 168 were to those mentioned in subsection (1)(d);

d

references to an authorised person were references to the person under investigation.