The Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 No. 1529

PART VI U.K. Exempt Communications: Certain Controlled Activities

Industrial and provident societies U.K.

35.  The financial promotion restriction does not apply to any communication which—

(a) is a non-real time communication or a solicited real time communication;

(b) is communicated by an industrial and provident society; and

(c) relates only to an investment falling within paragraph 15 [F1 or 15A] of Schedule 1 issued, or to be issued, by the society in question.

Textual Amendments

F1 Words in art. 35(c) inserted (24.2.2010) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2010 (S.I. 2010/86), art. 1(2), Sch. para. 9(b)