1. With regard to the proportion of SMEs, and without prejudice to the other conditions specified in paragraphs (2) to (7) of rule 5.10.2 of the Market Conduct sourcebook and in Article 78(2) of this Regulation, an SME growth market shall only be deregistered by the FCA where the proportion of SMEs, as determined in accordance with the first subparagraph of Article 78(1) of this Regulation, falls below 50 % for three consecutive calendar years.
2. With regard to the conditions specified in paragraphs (2) to (7) of rule 5.10.2 of the Market Conduct sourcebook and in Article 78(2) of this Regulation, the operator of an SME growth market shall be deregistered by the FCA where such conditions are no longer satisfied.