{
  "url": "https://openlegislation.uk/eu-directive-2003-71",
  "json_url": "https://openlegislation.uk/eu-directive-2003-71.json",
  "id": "eudr/2003/71",
  "title": "Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC (Text with EEA relevance) (repealed)",
  "short_title": "Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC",
  "long_title": "Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC (Text with EEA relevance) (repealed)",
  "citation": "EU Directive 2003/71",
  "type": "eudr",
  "year": "2003",
  "number": "71",
  "version": "current",
  "date": "2003-11-04",
  "revised": false,
  "valid_from": null,
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/eu-directive-2003-71/introduction",
      "extent": "E+W+S+N.I.",
      "status": null,
      "parent": null
    },
    {
      "path": "chapter/I",
      "kind": "chapter",
      "number": "I",
      "heading": "GENERAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/1",
      "kind": "article",
      "number": "1",
      "heading": "Purpose and scope",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-1",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "article/2",
      "kind": "article",
      "number": "2",
      "heading": "Definitions",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-2",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "article/3",
      "kind": "article",
      "number": "3",
      "heading": "Obligation to publish a prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-3",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "article/4",
      "kind": "article",
      "number": "4",
      "heading": "Exemptions from the obligation to publish a prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-4",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/I"
    },
    {
      "path": "chapter/II",
      "kind": "chapter",
      "number": "II",
      "heading": "DRAWING UP OF THE PROSPECTUS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/5",
      "kind": "article",
      "number": "5",
      "heading": "The prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-5",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/6",
      "kind": "article",
      "number": "6",
      "heading": "Responsibility attaching to the prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-6",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/7",
      "kind": "article",
      "number": "7",
      "heading": "Minimum information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-7",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/8",
      "kind": "article",
      "number": "8",
      "heading": "Omission of information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-8",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/9",
      "kind": "article",
      "number": "9",
      "heading": "Validity of a prospectus, base prospectus and registration document",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-9",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/10",
      "kind": "article",
      "number": "10",
      "heading": "Information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-10",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/11",
      "kind": "article",
      "number": "11",
      "heading": "Incorporation by reference",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-11",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "article/12",
      "kind": "article",
      "number": "12",
      "heading": "Prospectuses consisting of separate documents",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-12",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/II"
    },
    {
      "path": "chapter/III",
      "kind": "chapter",
      "number": "III",
      "heading": "ARRANGEMENTS FOR APPROVAL AND PUBLICATION OF THE PROSPECTUS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/13",
      "kind": "article",
      "number": "13",
      "heading": "Approval of the prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-13",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "article/14",
      "kind": "article",
      "number": "14",
      "heading": "Publication of the prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-14",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "article/15",
      "kind": "article",
      "number": "15",
      "heading": "Advertisements",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-15",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "article/16",
      "kind": "article",
      "number": "16",
      "heading": "Supplements to the prospectus",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-16",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/III"
    },
    {
      "path": "chapter/IV",
      "kind": "chapter",
      "number": "IV",
      "heading": "CROSS-BORDER OFFERS AND ADMISSION TO TRADING",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/17",
      "kind": "article",
      "number": "17",
      "heading": "Community scope of approvals of prospectuses",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-17",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/IV"
    },
    {
      "path": "article/18",
      "kind": "article",
      "number": "18",
      "heading": "Notification",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-18",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/IV"
    },
    {
      "path": "chapter/V",
      "kind": "chapter",
      "number": "V",
      "heading": "USE OF LANGUAGES AND ISSUERS INCORPORATED IN THIRD COUNTRIES",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/19",
      "kind": "article",
      "number": "19",
      "heading": "Use of languages",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-19",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/V"
    },
    {
      "path": "article/20",
      "kind": "article",
      "number": "20",
      "heading": "Issuers incorporated in third countries",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-20",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/V"
    },
    {
      "path": "chapter/VI",
      "kind": "chapter",
      "number": "VI",
      "heading": "COMPETENT AUTHORITIES",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/21",
      "kind": "article",
      "number": "21",
      "heading": "Powers",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-21",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VI"
    },
    {
      "path": "article/22",
      "kind": "article",
      "number": "22",
      "heading": "Professional secrecy and cooperation between authorities",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-22",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VI"
    },
    {
      "path": "article/23",
      "kind": "article",
      "number": "23",
      "heading": "Precautionary measures",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-23",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VI"
    },
    {
      "path": "chapter/VII",
      "kind": "chapter",
      "number": "VII",
      "heading": "IMPLEMENTING MEASURES",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/24",
      "kind": "article",
      "number": "24",
      "heading": "Committee procedure",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-24",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "article/24a",
      "kind": "article",
      "number": "24a",
      "heading": "Exercise of the delegation",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-24a",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "article/24b",
      "kind": "article",
      "number": "24b",
      "heading": "Revocation of the delegation",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-24b",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "article/24c",
      "kind": "article",
      "number": "24c",
      "heading": "Objections to delegated acts",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-24c",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "article/25",
      "kind": "article",
      "number": "25",
      "heading": "Sanctions",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-25",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "article/26",
      "kind": "article",
      "number": "26",
      "heading": "Right of appeal",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-26",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VII"
    },
    {
      "path": "chapter/VIII",
      "kind": "chapter",
      "number": "VIII",
      "heading": "TRANSITIONAL AND FINAL PROVISIONS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "article/27",
      "kind": "article",
      "number": "27",
      "heading": "Amendments",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-27",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/28",
      "kind": "article",
      "number": "28",
      "heading": "Repeal",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-28",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/29",
      "kind": "article",
      "number": "29",
      "heading": "Transposition",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-29",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/30",
      "kind": "article",
      "number": "30",
      "heading": "Transitional provision",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-30",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/31",
      "kind": "article",
      "number": "31",
      "heading": "Review",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-31",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/31a",
      "kind": "article",
      "number": "31a",
      "heading": "Staff and resources of ESMA",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-31a",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/32",
      "kind": "article",
      "number": "32",
      "heading": "Entry into force",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-32",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "article/33",
      "kind": "article",
      "number": "33",
      "heading": "Addressees",
      "url": "https://openlegislation.uk/eu-directive-2003-71/article-33",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "chapter/VIII"
    },
    {
      "path": "annex/I",
      "kind": "annex",
      "number": "I",
      "heading": "PROSPECTUS",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "annex/I/division/I",
      "kind": "division",
      "number": "I",
      "heading": "Summary",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-I",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/II",
      "kind": "division",
      "number": "II",
      "heading": "Identity of directors, senior management, advisers and auditors",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-II",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/III",
      "kind": "division",
      "number": "III",
      "heading": "Offer statistics and expected timetable",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-III",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/IV",
      "kind": "division",
      "number": "IV",
      "heading": "Essential information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-IV",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/V",
      "kind": "division",
      "number": "V",
      "heading": "Information on the company",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-V",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/VI",
      "kind": "division",
      "number": "VI",
      "heading": "Operating and financial review and prospects",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-VI",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/VII",
      "kind": "division",
      "number": "VII",
      "heading": "Directors, senior management and employees",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-VII",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/VIII",
      "kind": "division",
      "number": "VIII",
      "heading": "Major shareholders and related-party transactions",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-VIII",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/IX",
      "kind": "division",
      "number": "IX",
      "heading": "Financial information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-IX",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/X",
      "kind": "division",
      "number": "X",
      "heading": "Details of the offer and admission to trading details",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-X",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/I/division/XI",
      "kind": "division",
      "number": "XI",
      "heading": "Additional information",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-I/division-XI",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/I"
    },
    {
      "path": "annex/II",
      "kind": "annex",
      "number": "II",
      "heading": "REGISTRATION DOCUMENT",
      "url": null,
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": null
    },
    {
      "path": "annex/II/division/I",
      "kind": "division",
      "number": "I",
      "heading": "Identity of directors, senior management, advisers and auditors",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-I",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/II",
      "kind": "division",
      "number": "II",
      "heading": "Essential information about the issuer",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-II",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/III",
      "kind": "division",
      "number": "III",
      "heading": "Information on the company",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-III",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/IV",
      "kind": "division",
      "number": "IV",
      "heading": "Operating and financial review and prospects",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-IV",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/V",
      "kind": "division",
      "number": "V",
      "heading": "Directors, senior management and employees",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-V",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/VI",
      "kind": "division",
      "number": "VI",
      "heading": "Major shareholders and related-party transactions",
      "url": "https://openlegislation.uk/eu-directive-2003-71/annex-II/division-VI",
      "extent": "E+W+S+N.I.",
      "status": "repealed",
      "parent": "annex/II"
    },
    {
      "path": "annex/II/division/VII",
      "kind": "division",
      "number": "VII",
      "heading": "Financial information",
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