# Financial Services and Markets Act 2000, Section 187: Approval with conditions

Extent: E+W+S+N.I.

(1) The appropriate regulator may impose conditions on its approval of an acquisition.
(2) The appropriate regulator may only impose conditions where—
(a) if it did not impose those conditions, it would propose to object to the acquisition, ...
(aa) it appears to that regulator that it is desirable to impose those conditions in order to advance any of that regulator’s objectives (subject to section 185(2)(c)), or
(b) it is required to do so by a direction under section 187A(3)(b) or section 187B(3).
(3) The appropriate regulator may not impose conditions requiring a particular level of holding to be acquired.
(4) The appropriate regulator may vary or cancel the conditions.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/187 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-187
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.