8.—(1) Section 86 (exempt offers to the public) M1 is amended as follows.
(2) In subsection (1)—
F1(a). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(b)in paragraph (e), for “in the EEA States” substitute “ in the United Kingdom ”.
F2(3) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F2(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(5) In subsection (2), for “point (1) of Section I of Annex II to the markets in financial instruments directive” substitute “ paragraph 3(a) of Schedule 1 to the markets in financial instruments regulation ”M2 .
F3(6) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(7) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(9) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
F3(10) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
Textual Amendments
F1Reg. 8(2)(a) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(a) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))
F2Reg. 8(3)(4) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(b) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))
F3Reg. 8(6)-(10) omitted (6.9.2019) by virtue of The Prospectus (Amendment etc.) (EU Exit) Regulations 2019 (S.I. 2019/1234), regs. 1(2), 13(b) (with savings in S.I. 2019/680, reg. 11 (as amended by S.I. 2019/1234, reg. 29(2)))
Commencement Information
I1Reg. 8 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)
Marginal Citations
M1Section 86 was substituted by S.I. 2005/1433 and subsequently amended, most recently by S.I. 2018/786.
M2Schedule 1 is inserted by S.I. 2018/1403.