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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 19 March 2013 - onwards
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78A. Discontinuance or suspension at the request of the issuer: procedure

(1) A discontinuance or suspension by the FCA on the application of the issuer of the securities takes effect -

(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.

(2) If the FCA discontinues or suspends the listing of securities on the application of the issuer of the securities it must notify the issuer (whether in writing or otherwise).

(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.

(4) If the FCA proposes to refuse an application by the issuer of the securities for the discontinuance or suspension of the listing of the securities, it must give him a warning notice.

(5) The FCA must, having considered any representations made in response to the warning notice, if it decides to refuse the application, giv

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