{
  "url": "https://openlegislation.uk/financial-services-act-1986-stabilisation-order-1988/note",
  "json_url": "https://openlegislation.uk/financial-services-act-1986-stabilisation-order-1988/note.json",
  "legislation": "uksi/1988/717",
  "legislation_title": "The Financial Services Act 1986 (Stabilisation) Order 1988",
  "legislation_url": "https://openlegislation.uk/financial-services-act-1986-stabilisation-order-1988",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order amends section 48(7) of the Financial Services Act 1986 so as to extend the scope of the exception to the offence in section 47(2) of that Act concerning market manipulation. As a result of the amendment, anything done for the purpose of stabilising the price of investments will not be a contravention of section 47(2) if it is done in conformity with rules made under section 48 of that Act, is in respect of an investment of the kind specified and is done during the specified period before or after an offer of those investments which is of the kind specified.\nBy virtue of section 6(2) of the Company Securities (Insider Dealing) Act 1985 (c. 8) (which applies orders made under section 48(8) of the Financial Services Act 1986 in relation to section 6(1) of the former Act), the Order has the effect in Great Britain of extending the exception to the prohibitions under the former Act contained in section 6(1) of that Act.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1988/717/note",
    "retrieved_at": "2026-10-29T16:07:46.552237+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."
}