PART 2

Amendments of Financial Services and Markets Act 2000

Official listing

Discontinuance or suspension at the request of the issuer: procedure
17
1
FSMA 2000 is amended as follows.
2
In section 78A (discontinuance or suspension at the request of the issuer: procedure)—
a
in subsection (1), for paragraphs (a) and (b) substitute—
a
immediately, if the notification under subsection (2) so provides;
b
in any other case, on such date as may be provided for in that notification.
,
b
in subsection (2), for “give him written notice” substitute “ notify the issuer (whether in writing or otherwise) ”, and
c
for subsection (3) substitute—
3
The notification must—
a
notify the issuer of the date on which the discontinuance or suspension took effect or will take effect, and
b
notify the issuer of such other matters (if any) as are specified in listing rules.
3
In section 395(13) (definition of “supervisory notice”), after “a notice” insert “ or notification ”.