Securities Act (Elson Ross Funds Management Limited) Exemption Notice 2007 (SR 2007/379) (as at 06 May 2008)

Regulation by clause

4 Interpretation
  • (1) In this notice, unless the context otherwise requires,—

    Act means the Securities Act 1978

    Elson Ross means Elson Ross Funds Management Limited

    initial offer period means the period referred to in clause 6(a)(ii)

    initial subscription price means the price for any subscription for specified securities in the initial offer period

    investment statement means the investment statement in relation to the offer of the specified securities

    prospectus means the registered prospectus in relation to the offer of the specified securities

    Regulations means the Securities Regulations 1983

    specified securities means redeemable preference shares in Elson Ross to be offered to the public

    subsequent subscription price means the price for any subscription for specified securities after the initial offer period.

    (2) Any term or expression that is defined in the Act or the Regulations and used, but not defined, in this notice has the same meaning as in the Act or the Regulations.