1 Part 6 of the Financial Services and Markets Act 2000 (listing and other matters) is amended as follows.
2 [deleted]
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".
(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 contravened any provision of listing rules, it may impose on him a penalty of such amount as it considers appropriate.
(1ZA) If the competent authority considers that -
(a) an issuer who has requested or app
…