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Amendment of section 1364 of Act of 2014
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23. The Act of 2014 is amended by the substitution of the following section for section 1364:
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“Certain agreements void
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1364. (1) A condition—
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(a) requiring or binding an applicant for securities to waive compliance with any requirement of—
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(i) this Chapter,
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(ii) Irish prospectus law,
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(iii) Irish prospectus law, within the meaning of this Chapter as it stood on the relevant date,
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(iv) EU prospectus law, or
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(v) EU prospectus law, within the meaning of this Chapter as it stood on the relevant date,
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or
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(b) purporting to affect an applicant for securities with notice of any contract, document or matter not specifically referred to in the prospectus concerned where—
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(i) EU prospectus law, or
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(ii) EU prospectus law, within the meaning of this Chapter as it stood on the relevant date,
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applies,
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shall be void.
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(2) In this section, ‘relevant date’ means the date on which section 23 of the Finance (Tax Appeals and Prospectus Regulation) Act 2019 comes into operation.”.
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