Source: http://www.legislation.gov.uk/ukpga/2000/8/part/VI/2005-10-01
Timestamp: 2019-07-17 11:47:07
Document Index: 429829659

Matched Legal Cases: ['art 6', 'art 6', 'art 6', 'art 6', 'art 6', 'art 6', 'art 6', 'art 6', 'art 6', 'art 6']

Point in time view as at 01/10/2005. This version of this part contains provisions that are not valid for this point in time.
Part VIU.K. Official ListingF1F2
F2Ss. 102A-103 substituted for s. 103 (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 11
[F3(c)the desirability of facilitating innovation in respect of listed securities and in respect of financial instruments which have otherwise been admitted to trading on a regulated market or for which a request for admission to trading on such a market has been made;]
[F4(f)the desirability of facilitating competition in relation to listed securities and in relation to financial instruments which have otherwise been admitted to trading on a regulated market or for which a request for admission to trading on such a market has been made.]
F3S. 73(1)(c) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 1(2)
F4S. 73(1)(f) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 1(3)
F6S. 74(4) repealed (17.3.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(3)(b), 4, Sch. 1 para. 3
F7S. 74(5): definition of "security" omitted (1.7.2005) by virtue of The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 2
(5)If the competent authority discontinues or suspends the listing of any securities, the issuer may refer the matter to the Tribunal.
(1)A discontinuance or suspension takes effect—
(10)If the competent authority has suspended the listing of securities and proposes to refuse an application by the issuer of the securities for the cancellation of the suspension, it must give him a warning notice.
Valid from 12/07/2007
[F8[F878ADiscontinuance or suspension at the request of the issuer: procedureU.K.
(1)Listing rules may provide that securities F9. . . of a kind specified in the rules may not be admitted to the official list unless—
[F10(3A)Listing rules made under subsection (1) may not specify securities of a kind for which an approved prospectus is required as a result of section 85.]
F9Words in s. 79(1) repealed (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 3(2)
F10S. 79(3A) inserted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 3(3)
F11S. 83 repealed (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 4
[F12Transferable securities: public offers and admission to trading]U.K.
F12Ss. 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
[F1384Matters which may be dealt with by prospectus rulesU.K.
F13Ss. 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
[F1485Prohibition of dealing etc. in transferable securities without approved prospectusU.K.
F14Ss. 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
[F1586Exempt offers to the publicU.K.
F15 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
[F1687Election to have prospectusU.K.
F16Ss. 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
[F1Approval of prospectusU.K.
(b)to cancel a person’s approval as a sponsor,
Valid from 08/11/2006
[F17Transparency obligationsU.K.
F17Ss. 89A-89G and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1266(1), 1300(1)(a) (with s. 1266(2))
[F18Power of competent authority to call for informationU.K.
F18Ss. 89H-89J and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1267, 1300(1)(a)
[F19Powers exercisable in case of infringement of transparency obligationU.K.
F19Ss. 89K-89N and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1268, 1300(1)(a)
[F20Corporate governance]U.K.
F20S. 89O and cross-heading inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1269, 1300(1)(a)
90[F21Compensation for false or misleading statements or omissions]U.K.
[F22(11)This section applies in relation to a prospectus as it applies to listing particulars, with the following modifications—
F21Words in s. 90 title substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 6(3)
F22 S. 90(11)(12) inserted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 6(2)
[F23[F2390ZALiability for key investor informationU.K.
F23S. 90ZA inserted (1.7.2011) by The Undertakings for Collective Investment in Transferable Securities Regulations 2011 (S.I. 2011/1613), reg. 2(3)
[F2490BPower to make further provision about liability for published informationU.K.
F24Ss. 90A, 90B inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1270, 1300(1)(a)
91[F25Penalties for breach of Part 6 rules]U.K.
[F26(1)If the competent authority considers that–
[F27(1A)If the competent authority considers that—
(2)If, in the case of a contravention [F28by a person] referred to in subsection (1)(a) [F29, (1)(b)(i) or (1A) (“P”)], the competent authority considers that [F30another person] who was at the material time a director of [F31P] was knowingly concerned in the contravention, it may impose upon him a penalty of such amount as it considers appropriate.]
F25S. 91 heading substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(4)
F26S. 91(1)(2) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 4
F27S. 91(1A) inserted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(2)
F28Words in s. 91(2) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(3)(a)
F29Words in s. 91(2) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(3)(b)
F30Words in s. 91(2) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(3)(c)
F31Word in s. 91(2) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 7(3)(d)
(a)[F32Part 6 rules]
F32Words in s. 95(9)(a) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 5
MiscellaneousF33U.K.
F33Ss. 96A-96C inserted (17.3.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(3)(b), 4, Sch. 1 para. 6
[F33[F3396ADisclosure of information requirementsU.K.
96BPersons discharging managerial responsibilities and connected personsU.K.
(1)For the purposes of this Part, a “person discharging managerial responsibilities within an issuer” means—
(a) a “connected person” within the meaning in section 346 of the Companies Act 1985 F34 (reading that section as if any reference to a director of a company were a reference to a person discharging managerial responsibilities within an issuer);
F341985 c. 6.
(a)there may have been a [F35contravention of a provision of this Part or of Part 6 rules or a provision otherwise made in accordance with the prospectus directive];
[F36(b)a person who was at the material time [F37a person mentioned in section 91(1) or (1A) has been knowingly concerned in a contravention of a provision of this Part or of Part 6 rules or a provision otherwise made in accordance with the prospectus directive by that person]]
(d)there may have been a contravention of section 83, 85 [F39, 87G] or 98.
F35Words in s. 97(1)(a) (which were in part substituted (1.7.2005) by the words "Part 6 rules" by S.I. 2005/381, reg. 1(2), Sch. 1 para. 7(a)) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 8(a)
F36S. 97(1)(b) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 7(b)
F37Words in s. 97(1)(b) substituted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 8(b)
F38S. 97(1)(c) repealed (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 7(c)
F39Words in s. 97(1)(d) inserted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 8(c)
F40S. 98 repealed (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 9
[F41(1A)Disclosure rules may require the payment of fees to the competent authority in respect of the continued admission of financial instruments to trading on a regulated market.]
[F42(1B)Prospectus rules may require the payment of fees to the competent authority in respect of—
F41S. 99(1A) inserted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 8
F42S. 99(1B) inserted (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 10
C18S. 99(2) modified (1.12.2001) by S.I. 2001/3650, arts. 1(a), 25(3)
(2)The competent authority must prepare and operate a scheme for ensuring that the amounts paid to it by way of penalties imposed under this Part are applied for the benefit of issuers of securities admitted to the official list [F43, and issuers who have requested or approved the admission of financial instruments to trading on a regulated market.]
F43Words in s. 100(2) inserted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 9
[F44[F44100AExercise of powers where UK is host member stateU.K.
F44S. 100A inserted (8.11.2006) by Companies Act 2006 (c. 46), ss. 1271, 1300(1)(a)
(1)[F45Part 6 rules] may make different provision for different cases.
(2)[F45Part 6 rules] may authorise the competent authority to dispense with or modify the application of the rules in particular cases and by reference to any circumstances.
(3)[F45Part 6 rules] must be made by an instrument in writing.
(4)Immediately after an instrument containing [F45Part 6 rules] is made, it must be printed and made available to the public with or without payment.
(5)A person is not to be taken to have contravened [F46any Part 6 rule] if he shows that at the time of the alleged contravention the instrument containing the rule had not been made available as required by subsection (4).
F45Words in s. 101(1)-(4) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 10(a)
F46Words in s. 101(5) substituted (1.7.2005) by The Financial Services and Markets Act 2000 (Market Abuse) Regulations 2005 (S.I. 2005/381), regs. 1(2), 4, Sch. 1 para. 10(b)
[F2Interpretative provisionsU.K.
(6)“Multilateral trading facility” means a multilateral system, operated by an investment firm (within the meaning of Article 1.2 of the investment services directive) or a market operator, which brings together multiple third-party buying and selling interests in financial instruments in accordance with non-discretionary rules so as to result in a contract.
(3)If, as a result of an order under Schedule 8, different functions conferred on the competent authority by this Part are exercisable by different persons, the powers conferred by section 91 are exercisable by such person as may be determined in accordance with the provisions of the order.