(1) This Part shall apply to offers of securities to the public or admissions to trading in respect of which the State is the Home Member State.
(2) Upon a prospectus having been approved and filed in accordance with these Regulations, the relevant person shall:
(a) make the prospectus available to the public as soon as practicable and in any case, at a reasonable time in advance of, and at the latest at the beginning of, the offer to the public or the admission to trading of the securities involved,
or
(b) in the case of an initial public offer of a class of shares not already admitted to trading that is to be admitted to trading for the first time make the prospectus available to the public at the earlier of the time referred to in paragraph (a) or 6 working days before the end of the offer.
(3) A relevant person who fails to comply with paragraph (2) shall be guilty of an offence.
(4) The Bank shall make accessible to the European Securities and Markets Authority any prospectus