# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 15: Instruments creating or acknowledging indebtedness

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

(1) Subject to sub-paragraph (2), such of the following as do not fall within paragraph ... 16—
(a) debentures;
(b) debenture stock;
(c) loan stock;
(d) bonds;
(e) certificates of deposit;
(f) any other instrument creating or acknowledging a present or future indebtedness.
(2) If and to the extent that they would otherwise fall within sub-paragraph (1), there are excluded from that sub-paragraph—
(a) any instrument acknowledging or creating indebtedness for, or for money borrowed to defray, the consideration payable under a contract for the supply of goods or services;
(b) a cheque or other bill of exchange, a banker's draft or a letter of credit (but not a bill of exchange accepted by a banker);
(c) a banknote, a statement showing a balance on a current, deposit or saving account, a lease or other disposition of property, a heritable security; and
(d) a contract of insurance.
(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) An instrument excluded from sub-paragraph (1) of paragraph 16 by paragraph 16(2)(b) is not thereby to be taken to fall within sub-paragraph (1) of this paragraph.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/schedule/1/paragraph/15 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/schedule-1/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.