[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 in the class, and

(ii)     the issuer of the financial instrument in question (if any); or

(b)     by publishing a notice by means of a regulatory information service].

(3)     [A notice given under subsection (2)(a)] must—