(1) Notwithstanding the repeal of sections 150 and 151 of the 1986 Act (compensation for false or misleading particulars) by virtue of any provision made under the 2000 Act, those sections (including those sections as applied by sections 154A and 156A(3) of the 1986 Act) are to be treated as continuing to apply in relation to -
(a) any offering document which was published before commencement, or
(b) any failure at any time before commencement to comply with section 147 of the 1986 Act (including that section as applied by sections 154A and 156A(3) of the 1986 Act) as it then had effect,
whether the securities in question were acquired, or any loss was suffered, before or after commencement.
(2) For the purpose of sections 150 and 151 of the 1986 Act as they continue to have effect by virtue of paragraph (1) above -
(a) the person responsible for any offering document is the person who was responsible for it under Part VI of the 1986 Act at the time of the publication,
(b) the referenc
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