Regulation 12 Prohibition of public offers of relevant securitiesI1
United Kingdom
(1)
It is unlawful for relevant securities to be offered to the public in the United Kingdom unless—
(a)
the offer is of a kind specified in Part 1 of Schedule 1, or
(b)
the offer is of a kind that consists entirely of a combination of two or more of the kinds of offer specified in that Part of that Schedule.
(2)
Part 2 of that Schedule contains provision supplementing Part 1 of the Schedule.
Annotations
Commencement
- I1
Reg. 12 in force at 30.1.2024 for specified purposes and otherwise in accordance with reg. 2(3), see reg. 2(2)(3)