# Financial Services Act 1986 (repealed), Paragraph 5

Extent: E+W+S+N.I.

(1) In the case of a transaction falling within paragraph 2 above the conditions referred to above are as follows but subject to paragraph 6 below.
(2) The consideration for a transaction in respect of an investment falling within paragraph (2)(a), (c) or (e) above must be not less than £100,000.
(3) The consideration payable on subscription in the case of an investment falling within paragraph 2(2)(d) must not be less than £500,000.
(4) The value or price of the property in respect of which an option within paragraph 2(2)(f) above is granted must not be less than £500,000.
(5) The price payable under a contract within paragraph 2(2)(g) above must be not less than £500,000.
(6) The value or price the fluctuation in which, or the amount the fluctuation in the interest on which, is relevant for the purposes of a contract within paragraph 2(2)(h) above must not be less than £500,000.
(7) In the case of an option falling within paragraph 2(2)(i) above the condition in sub-paragraph (4), (5) or (6) above, as the case may be, must be satisfied in respect of the investment to which the option relates.

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Source: https://www.legislation.gov.uk/ukpga/1986/60/schedule/5/paragraph/5 (the official version)
Page: https://openlegislation.uk/financial-services-act-1986-repealed/schedule-5/paragraph-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

