Paragraph 23 C1

United Kingdom

(1)

The securities are investments of a specified kind creating or acknowledging indebtedness issued by or on behalf of a public authority.

(2)

“Public authority” means—

(a)

the government of the United Kingdom;

(b)

the government of any country or territory outside the United Kingdom;

(c)

a local authority in the United Kingdom or elsewhere;

(d)

any international organisation the members of which include the United Kingdom or another EEA State; and

(e)

such other bodies, if any, as may be specified.

Annotations

C1: Sch. 11 para. 23 extended (24.6.2003) by The Uncertificated Securities (Amendment) (Eligible Debt Securities) Regulations 2003 (S.I. 2003/1633), regs. 1(1), 15, Sch. 2 para. 8(2)(h)

F1: Sch. 11 repealed (1.7.2005) by The Prospectus Regulations 2005 (S.I. 2005/1433), reg. 2(1), Sch. 1 para. 16