(1) The competent authority must establish and maintain, in accordance with this section and prospectus rules, a register of investors for the purposes of section 86.
(2) An individual may not be entered in the register unless -
(a) he is resident in the United Kingdom; and
(b) he meets at least two of the criteria mentioned in Article 2.2 of the prospectus directive.
(3) A company may not be entered in the register unless -
(a) it falls within the meaning of "small and medium-sized enterprises" in Article 2.1 of the prospectus directive; and
(b) its registered office is in the United Kingdom.
(4) A person who does not fall within subsection (2) or (3) may not be entered in the register.