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Version status: Revoked | Document consolidation status: Updated to reflect all known changes
Version date: 29 August 2023 - onwards
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Article 39 Property transfer instruments: delisting

Revoked from 29 August 2023

After section 39A [Section 39A was inserted by section 102 of the Financial Services Act 2012 (c.21), amended by SI 2013/504.] insert -

"39B. Property transfer instrument: delisting

(1) A property transfer instrument may provide for the listing of securities, under section 74 of the Financial Services and Markets Act 2000 [2000 c.8. Section 74 was amended by section 16 of the Financial Services Act 2012 (c.21), SI 2005/381.], to be discontinued or suspended.

(2) Where the listing of securities is suspended in accordance with a property transfer instrument, those securities are to be treated for the purposes of section 96 of, and paragraph 23(6) of Schedule 1ZA to, the Financial Services and Markets Act 2000 [Section 96 was amended by section 16 of the Financial Services Act 2012 (c.21); Schedule 1ZA was inserted in the Financial Services and Markets Act 2000 by Schedule 3 to the Financial Services Act 2012 (c.21).] as still being listed.".

Comparing proposed amendment...