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Schedule 9, paragraph 5(1)

FSMA 2000

In paragraphs 1(3) and 2(3) of Schedule 10, for paragraph (d) substitute— the securities were acquired after such a lapse of time that he ought in the circumstances to be reasonably excused and, if the securities are dealt in on an approved exchange, he continued in that belief until after the commencement of dealings in the securities on that exchange.

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