6.—(1) Section 85 (prohibition of dealing etc in transferable securities without approved prospectus) M1 is amended as follows.

(2) In subsection (5), for paragraphs (a) and (b) substitute—

“(a)those listed in Article 1(2) of the prospectus regulation;

(b)any offered in an offer falling within Article 1(3) of the prospectus regulation.”.

(3) In subsection (6), for “other than” to the end, substitute “ other than those listed in Article 1(2) of the prospectus regulation. ”

(4) After subsection (6) insert—

“(6A) Schedule 11A makes provision that applies for the purposes of Article 1(2)(e) of the prospectus regulation.”

F1(5) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .