PART 2 Amendments of primary legislation

CHAPTER 1 The Financial Services and Markets Act 2000

30 Penalties for breach of Part 6 rules
1 Section 91 (penalties for breach of Part 6 rules) is amended as follows.
2 In subsection (1A)—
(a) in paragraph (e), for “the prospectus directive” substitute “qualifying prospectus legislation”;
(b) for the words from “contravened” to “directive” substitute “contravened a provision of qualifying prospectus legislation”.
Inserted by S.I. 2005/1433.
3 In subsection (1B)(a)(i), for the words from “transparency rules” to “directive” substitute “qualifying transparency legislation”.
Subsection (1B) was inserted by the Companies Act 2006 Schedule 15, paragraph 6, and was amended by the Financial Services Act 2012 (c. 21) section 16.