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The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Section 18 is up to date with all changes known to be in force on or before 26 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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18.—(1) There is excluded from article 14 the issue by a company of its own shares or share warrants, and the issue by any person of his own debentures or debenture warrants.
(2) In this article—
(a)“company" means any body corporate other than an open-ended investment company;
(b)“shares" and “debentures" include any investment of the kind specified by article 76 or 77;
(c)“share warrants" and “debenture warrants" mean any investment of the kind specified by article 79 which relates to shares in the company concerned or, as the case may be, debentures issued by [F1the person concerned].
Textual Amendments
F1Words in art. 18(2)(c) substituted (1.12.2001) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2001 (S.I. 2001/3544), arts. 1(a), 4
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