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Schedule 10, paragraph 2(2)

FSMA 2000

A person does not incur any liability under section 90(1) for loss in respect of any securities caused by a statement if he satisfies the court that, at the time when the listing particulars were submitted to the FCA, he reasonably believed that the other person— and that one or more of the conditions set out in sub-paragraph (3) are satisfied. was competent to make or authorise the statement, and had consented to its inclusion in the form and context in which it was included,

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Source: legislation.gov.uk · retrieved 2026-09-04