The Companies Act 1985 (c. 6)

Meaning of ‘offer of securities to the public’2

1

The Companies Act 1985 is amended as follows.

2

In subsection (1)(b) of section 81 (restriction on public offers by private company), for “sections 58 to 60” substitute “sections 58 and 742A”.

3

In subsection (1) of section 742A (meaning of “offer to the public”)3, for “or Part VII (accounts)” substitute “, Part 7 (accounts) or section 744 (general interpretation)”.