[89NA Voting rights suspension orders]
[89NA Voting rights suspension orders]

[(1)     The court may, on the application of the FCA and in accordance with this section, make a voting rights suspension order in respect of a person who is a voteholder in relation to shares in a particular company which are admitted to trading on a regulated market and identified in the application.

(2)     A voting rights suspension order is an order which suspends the person's exercise of voting rights attaching to the shares to which the order relates.

(3)     The court may make a voting rights suspension order in respect of a person only if it is satisfied—

(a)     that the person has contravened one or more relevant transparency provisions in respect of any of the shares identified in the application or any other shares in the same company which are admitted to trading on a regulated market, and

(b)     that the contravention is serious enough to make it appropriate to make the order.

(4)     For the purposes of subsection (3)(b), the court may, in particular, have regard to—

(a)     whether the contravention was deliberate or repeated;