# The Public Offers of Securities Regulations 1995, Paragraph 1


In this Schedule, except where the context otherwise requires—
“annual accounts” has the same meaning as in Part VII of the Companies Act 1985;
“control” means the ability, in practice, to determine the actions of the issuer; and “joint control” means control exercised by two or more persons who have an agreement or understanding (whether formal or informal) which may lead to their adopting a common policy in respect of the issuer;
“debentures” means securities falling within paragraph 2 of Schedule 1 to the Act;
“financial year” has the same meaning as in Part VII of the Companies Act 1985;
“group accounts” has the same meaning as in Part VII of the Companies Act 1985;
“the last three years”, in relation to an undertaking whose accounts are required to be dealt with in a prospectus, means three completed financial years which immediately precede the date on which the offer is first made and which cover a continuous period of at least 35 months, disregarding a financial year which ends less than three months before the date on which the offer is first made and for which accounts have not been prepared by that date;
“parent undertaking” and “subsidiary undertaking” have the same meaning as in Part VII of the Companies Act 1985;
“State of affairs” means the state of affairs of an undertaking, in relation to its balance sheet, at the end of a financial year;
“subsidiary” and “holding company” have the same meaning as in sections 736 and 736A of the Companies Act 1985; and
“undertaking” has the same meaning as in Part VII of the Companies Act 1985.

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Source: https://www.legislation.gov.uk/uksi/1995/1537/schedule/1/paragraph/1 (the official version)
Page: https://openlegislation.uk/public-offers-of-securities-regulations-1995/schedule-1/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.