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The Financial Services Act 1986 (Restriction of Scope of Act) Order 1988

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Sale of body corporate

4.  Paragraph 21 of Schedule 1 to the Act shall be amended by—

(a)deleting the heading to that paragraph and substituting the words“Sale of body corporate”;

(b)deleting the words“private company” in paragraph 21(1) and substituting the words“body corporate other than an open-ended investment company”;

(c)deleting the words from“private company” to“provision and” in paragraph 21(3); and

(d)by substituting the words“body corporate” for the word“company” wherever it appears.

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