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Version date: 22 August 2001 - onwards
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Explanatory Note

(This note is not part of the Order)

Part VI of the Financial Services and Markets Act 2000 (c. 8) ("the 2000 Act") replaces Part IV of the Financial Services Act 1986 (c. 60) ("the 1986 Act") in relation to the official listing of securities. Like that Part, it implements Council Directive No. 79/279/EEC (OJ No. L66, 16.3.1979, p.21), Council Directive No. 80/390/EEC (OJ No. L100, 17.4.1980, p.1) and Council Directive No. 82/121/EEC (OJ No. L48, 20.2.1982, p.26) and partly implements Council Directive No. 89/298/EEC (OJ No. L124, 5.5.1989, p.8). Council Directive No. 80/390/EEC has been amended by Council Directives 82/148/EEC, 87/345/EEC and 90/211/EEC (OJ Nos. L62, 5.3.1982, p.22, L185, 4.7.1987 p.81, and L112, 3.5.1990, p.24) and Parliament Directive 94/18/EC (OJ No. L135, 31.5.1994, p.1).

The Financial Services Authority will continue to be the competent authority for listing under the 2000 Act (as it has been under the 1986 Act since 1st May 2000 by virtue of the Official Listing

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