238 Restrictions on promotion
Financial Services and Markets Act 2000 (2000 c 8) | Legislation

Chapter II
Restrictions on Promotion

238  Restrictions on promotion

(1)     An authorised person must not communicate an invitation or inducement to participate in a collective investment scheme.

(2)     But that is subject to the following provisions of this section and to section 239.

(3)     Subsection (1) applies in the case of a communication originating outside the United Kingdom only if the communication is capable of having an effect in

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