|
|
|
Amendment of section 1363 of Act of 2014
|
| |
22. Section 1363 of the Act of 2014 is amended—
|
|
| |
(a) in subsection (1), by the substitution of “the Domestic Regulations” for “Irish prospectus law”,
|
|
| |
(b) in subsection (2)—
|
|
| |
(i) in each place where it occurs, other than in paragraph (a), by the substitution of “EU prospectus law or Irish prospectus law” for “Irish prospectus law”, and
|
|
| |
(ii) in paragraph (a), by the substitution of “EU prospectus law and Irish prospectus law” for “Irish prospectus law”,
|
|
| |
(c) by the deletion of subsection (3),
|
|
| |
(d) in subsection (4), by the substitution of “EU prospectus law or Irish prospectus law” for “Irish prospectus law” in each place where it occurs,
|
|
| |
(e) in subsection (6)—
|
|
| |
(i) by the substitution of “EU prospectus law or Irish prospectus law” for “Irish prospectus law”, and
|
|
| |
(ii) by the substitution of “Prospectus Regulation” for “2003 Prospectus Directive”,
|
|
| |
(f) by the substitution of the following for subsection (7):
|
|
| |
“(7) The provisions of the Domestic Regulations that relate to the imposition of administrative sanctions shall apply in relation to a contravention of rules under this section as they apply in relation to a contravention of a provision of EU prospectus law and, accordingly, a sanction that may be imposed pursuant to those provisions of the Domestic Regulations in respect of a contravention of a provision of EU prospectus law may, in accordance with the Domestic Regulations, be imposed in respect of a contravention of rules under this section.”,
|
|
| |
and
|
|
| |
(g) in subsection (8), by the substitution of “EU prospectus law or Irish prospectus law” for “Irish prospectus law”.
|
