# The Financial Services Act 1986 (Investment Advertisements) (Exemptions) (No. 2) Order 1995, Paragraph 4


For the purposes of paragraph 3(b)(ii) of this Schedule a person shall be regarded as being a member of a relevant class if he was, at the relevant time, an existing member or debenture holder of the offeree company, or an existing employee of that company, or a member of the family of such a member or employee and for these purposes “family” in relation to a person means that person’s husband or wife, widow or widower and children (including step-children and, in Northern Ireland, adopted children) and their descendants and any trustee (acting in his capacity as such) of a trust the principal beneficiary of which is that person or any of those relatives.

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Source: https://www.legislation.gov.uk/uksi/1995/1536/schedule/4/paragraph/4 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-investment-advertisements-exemptions-no-2-order-1995/schedule-4/paragraph-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.