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Amendment of Financial Services Act 1986
3. In section 152 of the Financial Services Act 1986(), after subsection (4) there shall be inserted the following subsection—
“(4A) Where—
(a)the same document contains particulars relating to the securities of two or more successor companies within the meaning of Part III of the Electricity (Northern Ireland) Order 1992; and
(b)any person’s responsibility for any information included in the document is stated in the document to be confined to its inclusion as part of the particulars relating to the securities of any one of those companies,
that person shall not be treated as responsible for that information in so far as it is stated in the document to form part of the particulars relating to the securities of any other of those companies.”.
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