Section 169 Terms and implementation of offer.

United Kingdom

(1)

The Secretary of State may make rules—

(a)

regulating the terms on which a person may offer securities by an advertisement to which this Part of this Act applies; and

(b)

otherwise regulating his conduct with a view to ensuring that the persons to whom the offer is addressed are treated equally and fairly.

(2)

Rules under this section may, in particular, make provision with respect to the giving of priority as between persons to whom an offer is made and with respect to the payment of commissions.

(3)

Section 162(2) above shall apply also to rules made under this section.

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F1: Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(c) (with savings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 V

Textual amendments

F1: Pt. V (ss. 158-171) repealed (19.6.1995) by S.I. 1995/1537, reg. 20, Sch. 2 Pt. II para. 4