Civil liability attaching to the summary7

In section 90 of the 2000 Act12 (compensation for statements in listing particulars or prospectus) for subsection (12) substitute—

12

A person is not to be subject to civil liability solely on the basis of a summary in a prospectus unless the summary, when read with the rest of the prospectus—

a

is misleading, inaccurate or inconsistent; or

b

does not provide key information (as defined in section 87A(9) and (10)),

and in this subsection a summary includes any translation of it.