# Financial Services and Markets Act 2000, Paragraph 15

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

The securities—
(a) are shares, or investments of a specified kind relating to shares, in a body corporate, and
(b) are offered in exchange for shares in the same body corporate,
and the offer cannot result in any increase in the issued share capital of the body corporate.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/schedule/11/paragraph/15 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/schedule-11/paragraph-15
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.