# The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, Paragraph 15


Advice to the directors of the company on the financial implications of the offer which is given by a competent person who is independent of and who has no substantial financial interest in the company or the offeror, being advice which gives the opinion of that person in relation to the offer.

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Source: https://www.legislation.gov.uk/uksi/2005/1529/schedule/4/paragraph/15 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-financial-promotion-order-2005/schedule-4/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.