Financial Services Act 2012

17Discontinuance or suspension at the request of the issuer: procedureU.K.

This section has no associated Explanatory Notes

(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 ”.

Commencement Information

I1S. 17 in force at 19.3.2013 for specified purposes by S.I. 2013/651, art. 2(a)

I2S. 17 in force at 1.4.2013 in so far as not already in force by S.I. 2013/423, art. 3, Sch.