Hide Nav Show Nav
SOLR_PROP

Investment Funds, Companies and Miscellaneous Provisions Act 2006

PART 3

Transparency Requirements Regarding Issuers of Securities Admitted to Trading on Certain Markets

Interpretation (Part 3).

19.— (1) In this Part—

“ Transparency (Regulated Markets) Directive ” means Directive 2004/109/EC 1 of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and amending Directive 2001/34/EC, including the first-mentioned Directive as it stands amended for the time being;

“ transparency (regulated markets) law ” means—

(a) the measures adopted for the time being by the State to implement the Transparency (Regulated Markets) Directive and any supplemental Directive (whether an Act of the Oireachtas, regulations under section 3 of the European Communities Act 1972 , regulations under section 20 or any other enactment (other than, save where the context otherwise admits, this Part)),

(b) any measures directly applicable in the State in consequence of the Transparency (Regulated Markets) Directive and, without prejudice to the generality of this paragraph, includes any Regulation or Decision made by the Commission pursuant to the procedure referred to in Article 27(2) of that Directive, and

(c) any supplementary and consequential measures adopted for the time being by the State in respect of any Regulation or Decision made by the Commission in consequence of the Transparency (Regulated Markets) Directive pursuant to the foregoing procedure;

“ supplemental Directive ” means any Directive made by the Commission in consequence of the Transparency (Regulated Markets) Directive pursuant to the procedure referred to in Article 27(2) of that Directive.

(2) A word or expression that is used in this Part and is also used in the Transparency (Regulated Markets) Directive shall have in this Part the same meaning as it has in that Directive.

1OJ L390, 31.12.2004, p.38