Regulation 7 Amendments to the Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001

The Financial Services and Markets Act 2000 (Service of Notices) Regulations 2001 shall be amended as follows.

In regulation 1, insert at the end—

“(7)

Apart from regulation 6A, nothing in these Regulations shall apply to a notice given by publication by means of a regulatory information service under Part 18A of the Act.”.

After regulation 6, insert—

“Deemed service by means of a regulatory information service

6A.

(1)

 A notice published by means of a regulatory information service under section 313B(2)(b) of the Act is to be treated as having been received by—

(a)

the institution or (as the case may be) each institution in the class of institutions specified in the notice, and

(b)

any issuer so specified,

at the time when it is first published.

(2)

A notice of a decision published by means of a regulatory information service under section 313BA(6), 313BC(4) or (7) or 313BE(3) or (5) of the Act is to be treated as having been received by each institution in the class in question at the time when it is first published.

(3)

Paragraph (2) does not apply to an institution which is entitled to receive written notice of the decision under section 313BA(5) or 313BC(2) or a decision notice under section 313BC(5).”