Part 1 Amendments of the Financial Services and Markets Act 2000
Companies Act 2006 (2006 c 46) | Legislation

SCHEDULE 15 Transparency Obligations and Related Matters: Minor and Consequential Amendments

Section 1272

Part 1 Amendments of the Financial Services and Markets Act 2000

1

Part 6 of the Financial Services and Markets Act 2000 (listing and other matters) is amended as follows.

2

. . .

3

In section 73A (Part 6 Rules), after subsection (5) insert—

“(6)     Transparency rules and corporate governance rules are not listing rules, disclosure rules or prospectus rules, but are Part 6 rules.”

4

For the cross-heading before section 90 substitute “Compensation for false or misleading statements etc”.

5

For the heading to section 90 substitute “Compensation for statements in listing particulars or prospectus”.

6

(1)     Section 91 (penalties for breach of Part 6 rules) is amended as follows.

(2)     For subsection (1) substitute—

“(1)     If the competent authority considers that—

(a)     an issuer of listed securities, or

(b)     an applicant for listing,

has

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