Regulation 34 Meaning of “offer of transferable securities to the public” etc.I1

United Kingdom

(1)

Section 102B (meaning of “offer of transferable securities to the public” etc.) is amended as follows.

(2)

In subsection (5)(a), after “a regulated market” insert “ , as defined in Article 2(1)(13) of the markets in financial instruments regulation M1 ”.

(3)

For subsection (6) substitute—

“(6)
“Multilateral trading facility” has the same meaning as in the markets in financial instruments regulation (see Article 2(1)(14) of that Regulation) M2.”.

Annotations

Marginal citations

M1: Article 2(1)(13) is substituted by S.I. 2018/1403.
M2: Article 2(1)(14) is inserted by S.I. 2018/1403.

Commencement

I1: Reg. 34 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)