The Short Selling Regulations 2025
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
21 Power of FCA to give directions in relation to Part 4
(1) The FCA may by directions impose such requirements on a person relating to a requirement, prohibition or condition imposed by the FCA under this Part as the FCA considers appropriate. (2) The FCA may give a direction under paragraph (1) only if it appears to the FCA that the person is failing, or is likely to fail, to comply with a requirement, prohibition or condition imposed by the FCA under this Part. (3) A requirement may, in particular, be imposed so as to require the person concerned— (a) to take specified action, or (b) to refrain from taking specified action. (4) A direction under this regulation— (a) may specify the way in which, and the time by which, a thing is to be done; (b) may be varied; (c) may be expressed to have effect during a specified period or until revoked. (5) The FCA may at any time revoke a direction under this regulation by notice. (6) The revocation of a direction does not affect the validity of anything previously done in accordance with it. (7) A direction or notice under this regulation must be given in writing to the person or persons to whom it applies. (8) The imposition of a requirement that expires at the end of a specified period does not affect the FCA’s power to impose a new requirement.
21 Power of FCA to give directions in relation to Part 4
(1) The FCA may by directions impose such requirements on a person relating to a requirement, prohibition or condition imposed by the FCA under this Part as the FCA considers appropriate. (2) The FCA may give a direction under paragraph (1) only if it appears to the FCA that the person is failing, or is likely to fail, to comply with a requirement, prohibition or condition imposed by the FCA under this Part. (3) A requirement may, in particular, be imposed so as to require the person concerned— (a) to take specified action, or (b) to refrain from taking specified action. (4) A direction under this regulation— (a) may specify the way in which, and the time by which, a thing is to be done; (b) may be varied; (c) may be expressed to have effect during a specified period or until revoked. (5) The FCA may at any time revoke a direction under this regulation by notice. (6) The revocation of a direction does not affect the validity of anything previously done in accordance with it. (7) A direction or notice under this regulation must be given in writing to the person or persons to whom it applies. (8) The imposition of a requirement that expires at the end of a specified period does not affect the FCA’s power to impose a new requirement.
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