Statutory Instrument 1995 No. 1537

      The Public Offers of Securities Regulations 1995


      © Crown Copyright 1995

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STATUTORY INSTRUMENTS

1995 No. 1537

FINANCIAL SERVICES

The Public Offers of Securities Regulations 1995

Approved by Parliament

Made 14th June 1995
Coming into force 19th June 1995


ARRANGEMENT OF REGULATIONS

PART 1
General
1.  Citation, commencement and extent
2.  Interpretation
PART II
Public Offers of Unlisted Securities
3.  Investments to which this Part applies
4.  Registration and publication of prospectus
5.  Offers of securities
6.  Offers to the public in the United Kingdom
7.  Exemptions
8.  Form and content of prospectus
9.  General duty of disclosure in prospectus
10.  Supplementary prospectus
11.  Exceptions
12.  Advertisements etc. in connection with offer of securities
13.  Persons responsible for prospectus
14.  Compensation for false or misleading prospectus
15.  Exemption from liability to pay compensation
16.  Contraventions
PART III
Amendments to Part IV of the Act etc.
17.  Amendments to the Act and other minor and consequential amendments
18.  Penalties
PART IV
Miscellaneous
19.  Designations
20.  Mutual recognition
21.  Revocation
22.  Registration of documents by the registrar of companies
23.  Application of Part X of the Act
24.  Amendments to regulations made under the Banking Act 1987

SCHEDULES

  SCHEDULE 1—  Form and content of prospectus
  Part I Interpretation
  Part II General requirements
  Part III The persons responsible for the prospectus and advisers
  Part IV The securities to which the prospectus relates and the offer
  Part V General information about the issuer and its capital
  Part VI The issuer's principal activities
  Part VII The issuer's assets and liabilities, financial position and profits and losses
  Part VIII The issuer's administration, management and supervision
  Part IX Recent developments in the issuer's business and prospects
  Part X Convertible securities and guaranteed debentures

  SCHEDULE 2—  Amendments to the Financial Services Act 1986 and Minor and Consequential Amendments and Repeal
  Part I Amendments to Part IV of the Financial Services Act 1986
  Part II Consequential amendments and repeals

  SCHEDULE 3 —  offers of Securities to the Public in the United Kingdom

  SCHEDULE 4—  Mutual Recognition of Prospectuses and Listing Particulars
  Part I Recognition for the purposes of Part IV of the Financial Services Act 1986 of prospectuses and listing particulars approved in other member States
  Part II Recognition for the purposes of Part II of these Regulations of prospectuses approved in other member States
  Part III Recognition for the purposes of the Companies Act 1985 of prospectuses approved in other member States

  SCHEDULE 5—  Amendments to Regulations Made Under the Banking Act 1987

 

Explanatory Note


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© Crown copyright 1995
Prepared 20th September 2000