{
  "url": "https://openlegislation.uk/financial-services-act-1986-investment-advertisements-exemptions-no-2-order-1995/note",
  "json_url": "https://openlegislation.uk/financial-services-act-1986-investment-advertisements-exemptions-no-2-order-1995/note.json",
  "legislation": "uksi/1995/1536",
  "legislation_title": "The Financial Services Act 1986 (Investment Advertisements) (Exemptions) (No. 2) Order 1995",
  "legislation_url": "https://openlegislation.uk/financial-services-act-1986-investment-advertisements-exemptions-no-2-order-1995",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This is not part of the Order)\nThis Order consolidates, amends and adds to the various exemptions from the restrictions on advertising imposed by section 57 of the Financial Services Act 1986 provided by the Financial Services Act 1986 (Investment Advertisements) (Exemptions) (No. 2) Order 1988 and the Financial Services Act 1986 (Investment Advertisements) (Exemptions) (No. 2) Order 1992.\nArticle 3 of the Order concerns advertisements issued by certain bodies corporate in connection with the promotion or encouragement of industrial or commercial activity or enterprise in the United Kingdom. Article 4 concerns certain advertisements issued in connection with take-overs of private companies. Article 5 concerns advertisements which are issued in connection with certain sales of shares in a body corporate. Article 6 concerns advertisements issued by persons holding permissions granted under paragraph 23 of Schedule 1 to the Financial Services Act 1986. Article 7 concerns the position where a publication is sent to a person who has placed an advertisement in it and with advertisements issued to persons involved in advertising. Article 8 concerns advertisements directed at informing or influencing persons of the kind described in the article. Articles 9 and 10 give certain indications as to whether an advertisement may be regarded as being directed at informing or influencing persons of the relevant kind. Article 11 concerns advertisements relating to an investment falling within any of the paragraphs 1 to 5 of Schedule 1 to the Financial Services Act 1986 which is traded or dealt in on a market of the kind referred to in the article, or which is permitted by a body which regulates such a market or the offer or issue of such investments on such a market. Article 12 concerns advertisements issued or caused to be issued by a market of the kind referred to in the article. Article 13 concerns the issue by industrial and provident societies of advertisements relating to their debentures. Article 14 concerns advertisements which are prospectuses issued in accordance with the Public Offers of Securities Regulations 1995, publications publicising such prospectuses, or documents required for admission to trading on a market of the kind referred to in the article. Article 15 concerns advertisements the issue of which is required or authorised under other legislation.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/1536/note",
    "retrieved_at": "2026-10-29T13:07:37.559952+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}