PART 2Amendments of the Financial Services and Markets Act 2000

Matters which may be dealt with by prospectus rulesI15

1

Section 84 (matters which may be dealt with by prospectus rules) M1 is amended as follows.

2

In subsection (1)—

a

in paragraph (a) omit “(including a summary)”; and

b

in paragraph (c) omit “(including a summary)”.

3

After subsection (1) —

1A

In subsection (1) “prospectus” includes any part of a prospectus, and in particular includes a summary and a supplement.

4

For subsection (2)(i) substitute—

i

the exercise of entitlements under Article 4 of the prospectus regulation, or elections under Article 2(m)(ii) or (iii) of the prospectus regulation as applied for the purposes of this Part by section 102C.

5

In subsection (4), for “directive” substitute “ regulation ”.

6

Omit subsections (5) and (6).