[312C Exercise of passport rights by recognised investment exchange]
[312C Exercise of passport rights by recognised investment exchange]

[(1)     Subject to subsection (4), a recognised investment exchange may, in pursuance of the right under the applicable provision, make arrangements in an EEA State (other than the United Kingdom) to facilitate access to, or use of, a [trading venue] operated by the exchange (“the relevant arrangements”).

(2)     The exchange must give the [FCA] written notice of its intention to make the relevant arrangements which—

(a)     describes the arrangements, and

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