Section 145 Discontinuance and suspension of listing.

United Kingdom

(1)

The competent authority may, in accordance with the listing rules, discontinue the listing of any securities if satisfied that there are special circumstances which preclude normal regular dealings in the securities.

(2)

The competent authority may in accordance with the listing rules suspend the listing of any securities.

(3)

Securities the listing of which is suspended under subsection (2) above shall nevertheless be regarded as listed for the purposes of sections 153 and 155 below.

(4)

This section applies to securities included in the Official List at the coming into force of this Part of this Act as it applies to securities included by virtue of this Part.

Notes on the whole Act

Textual amendments

F1: Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings in art. 292)

Notes on Part IV

Modifications

C1

Pt. IV (ss. 142-157) modified (1.4.1992) by S.I. 1992/231, art. 84(2); S.R. 1992/117, art. 3(1).

Pt. IV (ss. 142-157) applied (6.1.1994) by 1993 c. 43, s. 107(4); S.I. 1993/3237, art. 2(2).

Pt. IV (Ss. 142-157) applied (with modifications) (19.6.1995) by S.I. 1995/1537, reg. 20, Sch. 4 para. 4