PART VIExempt Communications: Certain Controlled Activities

Governments, central banks etc.34

The financial promotion restriction does not apply to any communication which—

a

is a non-real time communication or a solicited real time communication;

b

is communicated by and relates only to controlled investments issued, or to be issued, by—

i

any government;

ii

any local authority (in the United Kingdom or elsewhere);

iii

any international organisation;

iv

the Bank of England;

v

the European Central Bank;

vi

the central bank of any country or territory outside the United Kingdom.