Regulation 8 Exempt offers to the publicI1

United Kingdom

(1)

Section 86 (exempt offers to the public) M1 is amended as follows.

(2)

In subsection (1)—

F1(a)

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(b)

in paragraph (e), for “in the EEA States” substitute “ in the United Kingdom ”.

F2(3)

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(4)

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(5)

In subsection (2), for “point (1) of Section I of Annex II to the markets in financial instruments directive” substitute “ paragraph 3(a) of Schedule 1 to the markets in financial instruments regulation ”M2 .

F3(6)

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(7)

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(8)

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(9)

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(10)

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Annotations

Textual amendments

F1: Reg. 8(2)(a) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(a) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))
F2: Reg. 8(3)(4) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(b) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))
F3: Reg. 8(6)-(10) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(b) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))

Marginal citations

M1: Section 86 was substituted by S.I. 2005/1433 and subsequently amended, most recently by S.I. 2018/786.
M2: Schedule 1 is inserted by S.I. 2018/1403.

Commencement

I1: Reg. 8 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)