SCHEDULE 1AMENDMENTS TO THE ACT

8

In subsection (1) of section 97 (appointment by competent authority of persons to carry out investigations)—

a

in paragraph (a), for “breach of Part 6 rules” substitute “contravention of a provision of this Part or of Part 6 rules or a provision otherwise made in accordance with the prospectus directive”;

b

in paragraph (b), for the words after “a director of” substitute “a person mentioned in section 91(1) or (1A) has been knowingly concerned in a contravention of a provision of this Part or of Part 6 rules or a provision otherwise made in accordance with the prospectus directive by that person”;

c

in paragraph (d), after “85” insert “, 87G”.