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Companies Act 2006

Companies Act 2006 Sch 15 para 10

Sch 15 para 10

(1) Section 102A (meaning of “securities” etc) is amended as follows. (2) After subsection (3) insert— (3A) “ Debt securities ” has the meaning given in Article 2.1(b) of the transparency obligations directive. (3) In subsection (3) (meaning of “transferable securities”) for “the investment services directive” substitute “ Directive 2004/39/EC of the European Parliament and of the Council on markets in financial instruments ” . (4) In subsection (6) (meaning of “issuer”), after paragraph (a) insert— (aa) in relation to transparency rules, means a legal person whose securities are admitted to trading on a regulated market or whose voting shares are admitted to trading on a UK market other than a regulated market, and in the case of depository receipts representing securities, the issuer is the issuer of the securities represented;

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