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Amendment of section 1350 of Act of 2014
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17. Section 1350 of the Act of 2014 is amended—
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(a) by the substitution of the following subsection for subsection (1):
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“(1) A person shall not be liable under section 1349 solely on the basis of a summary of a prospectus or the specific summary of an EU Growth Prospectus (including a translation of either such summary), unless—
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(a) it is misleading, inaccurate or inconsistent when read together with other parts of the prospectus, or
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(b) it does not provide, when read together with other parts of the prospectus, key information in order to aid investors when determining whether to invest in the securities concerned.”,
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and
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(b) by the deletion of subsection (1A).
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