# Companies Act 1985, Paragraph 7


As respects any relevant property, the prospectus must state—
(a) the names and addresses of the vendors,
(b) the amount payable in cash, shares or debentures to the vendor and, where there is more than one separate vendor, or the company is a sub-purchaser, the amount so payable to each vendor,
(c) short particulars of any transaction relating to the property completed within the 2 preceding years in which any vendor of the property to the company or any person who is, or was at the time of the transaction, a promoter or a director or proposed director of the company had any interest direct or indirect.

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Source: https://www.legislation.gov.uk/ukpga/1985/6/schedule/3/paragraph/7 (the official version)
Page: https://openlegislation.uk/companies-act-1985/schedule-3/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

