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SCHEDULES

SCHEDULE 11U.K. Offers of Securities

Government and public securitiesU.K.

23(1)The securities are investments of a specified kind creating or acknowledging indebtedness issued by or on behalf of a public authority.

(2)Public authority” means—

(a)the government of the United Kingdom;

(b)the government of any country or territory outside the United Kingdom;

(c)a local authority in the United Kingdom or elsewhere;

(d)any international organisation the members of which include the United Kingdom or another EEA State; and

(e)such other bodies, if any, as may be specified.