COLL 5.3.3 Liability for Prospectus—All QFC Schemes

(1) A person responsible under rule 5.3.1 (Persons responsible for prospectus—all QFC schemes) for a prospectus is liable to pay compensation to another person who acquires (or contracts to acquire) units in the scheme for any loss or damage arising from—
(a) any untrue or misleading statement in the prospectus; or
(b) the omission from the prospectus of any matter required by these rules to have been included in it.
(2) However, if rule 5.3.1 (1) (c), (d) or (e) applies to the person, the person is only liable to pay compensation in relation to a part of the prospectus for which the person is responsible under rule 5.3.1 (2) and (3).
(3) Also, this rule is subject to rule 5.3.4.
(4) To remove any doubt, this rule does not limit any liability that exists apart from this rule.
(5) In this rule:

prospectus includes a translation of the prospectus prepared by or for the operator.
Derived from QFCRA RM/2010-05 (as from 1st January 2011)