16. FCA to exercise functions under Part 6 of FSMA 2000

(1) FSMA 2000 is amended as follows.

(2) In each of the provisions of Part 6 (official listing etc) mentioned in subsection (3)  -

(a) for "competent authority" or "competent authority's", in each place, substitute "FCA" or "FCA's", and

(b) for "the authority" or "the Authority", in each place, substitute "the FCA".

(3) Those provisions are  -

(a) sections 73A to 84;

(b) [deleted]

(c) sections 87B to 87D;

(d) section 87G;

(e) sections 87J to 87O (including the italic heading before section 87J);

(f) sections 87Q to 88;

(g) sections 89A to 97 (including the italic heading before section 89H and the heading to that section);

(h) section 101(2);

(i) section 103(1).

(4) Before section 73A insert an italic heading "Rules".

(5) In section 77(3) (discontinuance and suspension of listing), for "sections 96 and 99" substitute "section 96 and paragraph 23(6) of Schedule 1ZA".

(6) In section 87A (criteria for approval of prospectus)  -

(a) in subsection (1), for "competent authority" substitut

…