Securities Markets Order, 2013 · As enacted · Part I · Preliminary
10. Conditions attached to approval
Official textFrom Attorney General's Chambers, unchanged
The Authority's approval under section 9 may be given unconditionally or subject to such conditions as the Authority thinks fit.
{2)
In imposing any conditions, the Authority must have regard to its regulatory objectives under this Order.
If the Authority proposes to impose conditions on a person, it must give him a warning notice.
If the Authority decides to impose conditions on a person, it must give him a decision notice.
A person who is subject to a condition imposed under this section may apply to the Authority for the condition to be varied or for the condition to be cancelled.
The Authority may, on its own initiative, cancel a condition imposed under this section.
If the Authority has given its approval to a person subject to a condition, he may refer to the Panel -
{a} the imposition of the condition; or
{b)
the Authority's decision to refuse an application made by him under subsection (5).
Objection to acquisition of control.
Part II
Part III
Market Operators and Market Infrastructure
Part IV
Self-Regulating Organisations
Part X
Part X.
Part VI
Public Company Statements and Reporting Requirements
Part VII
Capital Markets Services Licence and Representative'S Licence
Part VIII
Books, Audit and Client'S Assets
Part IX
Part X
Intervention Powers of Authority
Part XI
Complaints Committee and Investor Compensation Scheme
Part XII
Financial Markets Services Panel
Part XIII