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SCHEDULES

SCHEDULE 8U.K. Principles applicable to Designated Agency’s [F1Legislative Provisions]

Textual Amendments

Modifications etc. (not altering text)

C1Sch. 8 amended (1.1.1993) by S.I. 1992/3218, reg. 55, Sch. 9 para.47.

Sch. 8 extended (1.1.1996) by S.I. 1995/3275, reg. 32, Sch. 7 para. 45

DisclosureU.K.

7The [F2conduct of business provisions], or [F3those provisions and provisions made for the purposes of] section 51 of this Act, must make proper provision for requiring an authorised person who in the course of carrying on investment business enters or offers to enter into a transaction in respect of an investment with any person, or gives any person advice about such a transaction, to give that person such information as to the nature of the investment and the financial implications of the transaction as will enable him to make an informed decision.