# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Article 58: Acquisition of interest in premises run by management companies


(1) “Management company” means a company established for the purpose of—
(a) managing the common parts or fabric of premises used for residential or business purposes; or
(b) supplying services to such premises.
(2) The financial promotion restriction does not apply to any non-real time communication or solicited real time communication if it relates to an investment falling within paragraph 14 of Schedule 1 which—
(a) is issued, or to be issued, by a management company; and
(b) is to be acquired by any person in connection with the acquisition of an interest in the premises in question.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/article/58 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/article-58
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.