Section 154A Application of Part IV to prospectuses.F1
United Kingdom
Sections 146 to 152 and 154 above shall apply in relation to a prospectus required by listing rules in accordance with section 144(2) above as they apply in relation to listing particulars, but as if—
any reference to listing particulars were a reference to a prospectus and any reference to supplementary listing particulars were a reference to a supplementary prospectus; and
notwithstanding section 142(7) above, any reference in section 152 above (other than in subsection (1)(b) of that section) to the issuer of securities included a reference to the person offering or proposing to offer them.
A person shall not be responsible under section 152(1)(a) above as applied by subsection (1) above where–
he is not the issuer, but is making the offer in association with the issuer; and
the prospectus or supplementary prospectus was drawn up primarily by the issuer, or by one or more persons acting on behalf of the issuer.
Annotations
Textual amendments
- F1
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S. 154A inserted (19.6.1995) by S.I. 1995/1537, reg. 17, Sch. 2 para. 2(3)
- F2
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S. 154A(1) re numbered (10.5.1999) by S.I. 1999/734, reg. 3(2)
- F3
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S. 154A(2) inserted (10.5.1999) by S.I. 1999/734, reg. 3(2)
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings in art. 292)
Notes on Part IV
Modifications
- C1
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Pt. IV (ss. 142-157) modified (1.4.1992) by S.I. 1992/231, art. 84(2); S.R. 1992/117, art. 3(1).
Pt. IV (ss. 142-157) applied (6.1.1994) by 1993 c. 43, s. 107(4); S.I. 1993/3237, art. 2(2).
Pt. IV (Ss. 142-157) applied (with modifications) (19.6.1995) by S.I. 1995/1537, reg. 20, Sch. 4 para. 4