[122IA Power to suspend auctioning of auctioned products on a recognised auction platform]

[122IA  Power to suspend auctioning of auctioned products on a recognised auction platform]

[(1)     The FCA may suspend the auctioning of a relevant auctioned product at an auction conducted by a recognised auction platform where it considers it necessary for the purpose of the exercise by it of functions under the market abuse regulation or [any supplementary market abuse legislation].

(2)     If the FCA does so the recognised auction platform may refer the matter to the Tribunal.

(3)     A suspension by the FCA takes place—

(a)     immediately, if the FCA specify this is the case, or

(b)     on such later date as

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