Part 6 of the Financial Services and Markets Act 2000 (listing and other matters) is amended as follows.
. . .
In section 73A (Part 6 Rules), after subsection (5) insert—
“(6) Transparency rules and corporate governance rules are not listing rules, disclosure rules or prospectus rules, but are Part 6 rules.”
For the cross-heading before section 90 substitute “Compensation for false or misleading statements etc”.
For the heading to section 90 substitute “Compensation for statements in listing particulars or prospectus”.
(1) Section 91 (penalties for breach of Part 6 rules) is amended as follows.
(2) For subsection (1) substitute—
“(1) If the competent authority considers that—
(a) an issuer of listed securities, or
(b) an applicant for listing,
has contravened any provision of listing rules, it may impose on him a penalty of such amount as it considers appropriate.
(1ZA) If the competent authority considers that—
(a) an issuer who has requested or approved the admission of a financial instrument t
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