SUP 11.7 Acquisition or increase of control: assessment process and criteria4

The assessment process and the assessment criteria are set out in sections 185 to 191 of the Act4.

Section 191A deals with the procedure the FSA must follow where there has been a failure to notify or a default.4

The FSA may serve restriction notices in certain circumstances in accordance with section 191B of the Act4.

The FSA may apply to the court for an order for the sale of shares in accordance with section 191C of the Act4.

Before making a determination under section 185 or4 giving a4 warning notice under section 191A4, the FSAmust comply with the 4 requirements as to consultation with EC4 1competent authorities set out in section 188 of the Act .4