The Public Offers of Securities Regulations 1995

1. Introductory Text

2. PART I GENERAL

   1. 1. Citation, commencement and extent

   2. 2. Interpretation

3. PART II PUBLIC OFFERS OF UNLISTED SECURITIES

   1. 3. Investments to which this Part applies

   2. 4. Registration and publication of prospectus

   3. 5. Offers of securities

   4. 6. Offers to the public in the United Kingdom

   5. 7. Exemptions

   6. 8. Form and content of prospectus

   7. 9. General duty of disclosure in prospectus

   8. 10. Supplementary prospectus

   9. 11. Exceptions

   10. 12. Advertisements etc. in connection with offer of securities

   11. 13. Persons responsible for prospectus

   12. 14. Compensation for false or misleading prospectus

   13. 15. Exemption from liability to pay compensation

   14. 16. Contraventions

4. Part III Amendments to Part IV of the Act etc.

   1. 17. Amendments to the Act and other minor and consequential amendments

   2. 18. Penalties

5. Part IV Miscellaneous

   1. 19. Designations

   2. 20. Mutual recognition

   3. 21. Revocation

   4. 22. Registration of documents by the registrar of companies

   5. 23. Application of Part X of the Act

   6. 24. Amendments to regulations made under the Banking Act 1987

6. Signature

7. SCHEDULES

   1. SCHEDULE 1

      Form and content of prospectus

      1. Part I Interpretation

      2. Part II General requirements

      3. Part III The persons responsible for the prospectus and advisers

      4. Part IV The securities to which the prospectus relates and the offer

      5. Part V General information about the issuer and its capital

      6. Part VI The issuer’s principal activities

      7. Part VII The issuer’s assets and liabilities, financial position and profits and losses

      8. Part VIII The issuer’s administration, management and supervision

      9. Part IX Recent developments in the issuer’s business and prospects

      10. Part X Convertible securities and guaranteed debentures

   2. SCHEDULE 2

      Amendments to the Financial Services Act 1986 and Minor and Consequential Amendments and Repeal

      1. Part I Amendments to Part IV of the Financial Services Act 1986

      2. Part II Consequential amendments and repeals

   3. SCHEDULE 3

      offers of Securities to the Public in the United Kingdom

   4. SCHEDULE 4

      Mutual Recognition of Prospectuses and Listing Particulars

      1. 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

      2. Part II Recognition for the purposes of Part II of these Regulations of prospectuses approved in other member States

      3. Part III Recognition for the purposes of the Companies Act 1985 of prospectuses approved in other member States

   5. SCHEDULE 5

      Amendments to Regulations Made Under the Banking Act 1987

8. Explanatory Note