(1) Section 87L (power to suspend or prohibit admission to trading on a regulated market) is amended as follows.

(2) In the heading after "suspend" insert ", restrict"; and

(3) In subsection (5) for paragraph (c) substitute -

"(c) any provision of, or made in accordance with, the prospectus regulation,".

(4) After subsection (5) insert -

"(6) Subsections (7) and (8) apply where -

(a) before the request was made for the admission of the securities to trading on the regulated market in question ("the request"), the FCA had imposed a prohibition or restriction under Article 42 of the markets in financial instruments regulation in relation to any financial activity or practice of the person who made the request;

(b) the FCA has decided to impose a prohibition or restriction under that Article in relation to the securities or any financial activity or practice of the person who made the request;

(c) before the request was made, the FCA had found that a financial activity or practice of the person who made the request had contravened product intervention rules; or

(d) the FCA has decided that the admission of the securities to trading on the regulated market in question, if not suspended or restricted, would be likely to result in a contravention of product intervention rules.