{
  "url": "https://openlegislation.uk/eu-regulation-2017-588/article-4",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-588/article-4.json",
  "legislation": "eur/2017/588",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/588 of 14 July 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards on the tick size regime for shares, depositary receipts and exchange-traded funds (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-588",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Corporate actions(Article 49(1) and (2) of Directive 2014/65/EU)",
  "text": "Where a competent authority considers that a corporate action may modify the average daily number of transactions of a particular financial instrument thereby causing this financial instrument to fall within a different liquidity band, the competent authority shall determine and ensure publication of a new applicable liquidity band for that financial instrument treating it as if it were first admitted to trading or first traded on a trading venue and apply the procedure set out in Article 3(5) and (6).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/588/article/4",
    "retrieved_at": "2026-11-01T14:45:04.945888+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}