overseas personmeans a person who does not fall within section 1(3)(a) of the Act. 2 Subject to the provisions of paragraph (3) below, section 57 of the Act shall not apply to an investment advertisement which an overseas person issues or causes to be issued to another person if that other person is either— a a person with or for whom the overseas person has, in the course of carrying on investment business, effected or arranged for the effecting of a transaction within the period of twelve months ending with the date on which the investment advertisement was issued;
the 1996 Ordermeans the Financial Services Act 1986 (Investment Advertisements) (Exemptions) Order 1996.
the Actmeans the Financial Services Act 1986;