[313B Suspension or removal of financial instruments from trading: procedure]

[313B  Suspension or removal of financial instruments from trading: procedure]

[(1)     A requirement imposed on an institution under section 313A (a “relevant requirement”) takes effect—

(a)     immediately, if the notice given under subsection (2) states that this is the case;

(b)     in any other case, on such date as may be specified in the notice.

(2)     If the [FCA] proposes to impose a relevant requirement on an institution, [or a class of institutions,] or imposes such a requirement with immediate effect, it must [give notice—

(a)     by written notice to—

(i)     the institution or, as the case may be, each institution

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