s 137Q Price stabilising rules
(1) The FCA may make rules (“price stabilising rules”) as to— (a) the circumstances and manner in which, (b) the conditions subject to which, and (c) the time when or the period during which, action may be taken for the purpose of stabilising the price of investments of specified kinds. (2) Price stabilising rules— (a) are to be made so as to apply only to authorised persons; (aa) must not apply to transactions, orders, behaviour, actions or omissions to which the market abuse regulation applies; (b) may make different provision in relation to different kinds of investment. (3) The FCA may make rules which, for the purposes of the relevant exemption provisions, treat a person who acts or engages in conduct in conformity with specified provisions as acting, or engaging in that conduct, in conformity with the relevant provisions of Article 5 (exemption for buy-back programmes and stabilisation) of the market abuse regulation. (3A) “Specified provisions” means such provisions— (a) corresponding to the relevant provisions of Article 5 of the market abuse regulation, and (b) made by a body or authority outside the United Kingdom as may be specified in rules made by the FCA, as may be specified in rules made by the FCA. (4) “The relevant exemption provisions” are the following provisions of the Financial Services Act 2012— (a) section 90(9)(d) ; (b) section 91(4)(c) . (5) In this section references to Article 5 of the market abuse regulation include— (a) any technical standards originally adopted or made under that Article which are assimilated direct legislation, and (b) any technical standards made under that Article by the FCA.