Section l Treasury control of borrowing,etc.

the borrowing of money in Great Britian where the aggregate of the amount of money borrowed under the transaction and of any of the other amounts so borrowed by the same person in the previous twelve months (including any period before the passing of this Act) exceeds ten thousand pounds;

the raising of money in Great Britain by the issue, whether in Great Britain or elsewhere, by any body corporate, of any shares in that body corporate;

the issue for any purpose—

the circulation in Great Britian of any offer for subscription, sale or exchange of—

any reference to the issue of shares in a body corporate by that body corporate where a referance to an issue of units for the purpose of the scheme;and

any reference to shares in a body corporate incorporated, or not incorporated, under the law of England or Scotland were a reference to units issued under a scheme governed or not governed, by the law of England or Scotland.