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Interpretation (Part X). 366.(1) Where (a)it is proposed to offer to the public by a prospectus issued generally any shares in or debentures of a company incorporated or to be incorporated outside the United Kingdom, whether the company has or has not established, or when formed will or will not establish, a place of business in Great Britain or Northern Ireland; and (b)application is made to a prescribed stock exchange for permission for those shares or debentures to be [listed] on that stock exchange; (2) If a certificate of exemption is given, and if the proposals aforesaid are adhered to and the particulars and information required to be published in connection with the application for permission to the stock exchange are so published, then (a)a prospectus giving the particulars and information aforesaid in the form in which they are so required to be published shall be deemed to comply with the requirements of the Third Schedule; and (b)except in so far as it requires a prospectus to be dated, section three hundred and sixty-five shall not apply to any issue, after the permission applied for is given, of a prospectus or form of application relating to the shares or debentures.
© 1960 Crown Copyright
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