Important legal notice
Attention: This legal notice applies to the entire contents of the Law Debenture corporate website (“Website”) . Please read these terms carefully before using the Website. Using the Website indicates that you accept these terms . If you do not accept these terms, do not use the Website. This notice is issued by The Law Debenture Corporation p.l.c. and its subsidiaries (“Group”).
1 Introduction
1.1 Please read these terms ("Terms) carefully before using this Site offered by The Law Debenture Corporation Plc and its subsidiaries (collectively referred to as "Law Debenture", "we", "our", or "us")
1.2 These Terms govern the rules for using our website https://www.lawdebenture.com/ (the "Site").
1.3 When we use words like "you" and "your", we are referring to you, as a user of the Site.
2 Company and Regulation Details
2.1 In using the Site, you are contracting with:
The Law Debenture Corporation Plc
8th Floor, 100 Bishopsgate
London
United Kingdom
EC2N 4AG.
2.2 We are public limited company (company number: 30397), regulated by the Financial Conduct Authority ("FCA") and are registered as a self-managed Alternative Investment Fund in England and Wales with the following Firm Reference Number: 629081. Our VAT number is GB244006305.
3 Contact Information
3.1 To contact us, please email general@lawdeb.com or telephone our customer service line on +44 (0)207 606 5451.
4 Using the Site
4.1 Law Debenture provides its services on a business-to-business basis only, and our Site is provided for this purpose. The Site is not intended to be used or accessed for any other purpose.
4.2 BY ACCESSING, VISITING OR USING THE SITE, YOU CONSENT AND AGREE TO BE BOUND BY THE TERMS. IF YOU USE THE SITE ON BEHALF OF YOUR EMPLOYER OR FOR THE BENEFIT OF ANY OTHER PERSON OR ENTITY, YOU HEREBY WARRANT AND REPRESENT THAT YOU HAVE THE LEGAL AUTHORITY TO DO SO, AND ARE RESPONSIBLE AND LIABLE FOR YOUR USE OF THIS SITE ON THEIR BEHALF.
IF YOU DO NOT AGREE TO THESE TERMS, YOU MUST NOT ACCESS OR USE THE SITE.
5 Additional Terms
5.1 The following additional terms also form part of these Terms and the contract between you and us and should be reviewed by you in addition to these Terms:
(a) Privacy Policy, https://www.lawdebenture.com/privacy-and-cookie-policy which contains information about how any data you provide to us is used; [and]
(b) Cookie Policy, https://www.lawdebenture.com/privacy-and-cookie-policy which sets out information about the cookies on our site; [and]
(c) our Investment trust pages relevant to UK retail and non-retail investors only.
6 Updates to these Terms
6.1 We may update these Terms from time to time by updating this page. You should revisit this page regularly to ensure that you have seen and are aware of the current Terms.
6.2 Continued access, visitation and/or use of the Site will constitute your acceptance of any changes or revisions to these Terms. If you do not want to agree to these or any updated terms, you must stop using the Site and delete your account.
7 Disclaimer
7.1 THE MATERIAL ON THE SITE IS PROVIDED "AS IS", WITHOUT ANY CONDITIONS, WARRANTIES OR OTHER TERMS OF ANY KIND. ACCORDINGLY, TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE PROVIDE YOU WITH THE SITE ON THE BASIS THAT WE EXCLUDE ALL REPRESENTATIONS, WARRANTIES, CONDITIONS AND OTHER TERMS (INCLUDING, WITHOUT LIMITATION, THE CONDITIONS IMPLIED BY LAW OF SATISFACTORY QUALITY, FITNESS FOR PURPOSE AND THE USE OF REASONABLE CARE AND SKILL).
7.2 While we endeavour to ensure that the information on the Site is correct, we do not warrant the accuracy and completeness of the material on the Site. We may make changes to the material on the Site, or to the products and prices described in it, at any time without notice. The material on the Site may be out of date, and we make no commitment to update such material.
7.3 We do not guarantee continuous availability or uninterrupted access to our Site or its content. We may suspend, withdraw, or restrict access to all or parts of the Site for business and operational reasons, without notice, although we will attempt to give reasonable notice of such actions. We shall not be liable if for any reason the Site is unavailable at any time or for any period.
8 Registration and access
8.1 Our Site is offered free of charge. You can access the Site without registering.
8.2 To use this Site you must be at least 18 years of age.
8.3 You are responsible for ensuring that anyone who accesses our Site via your internet connection is informed of and complies with these Terms and other applicable terms.
9 Using material on our Site
9.1 Unless stated otherwise, all intellectual property rights and materials on our Site are owned (or licensed) by us, and are protected by global copyright laws.
9.2 You may print one copy and download extracts from any page for personal use provided that:
(a) no documents or related graphics on (or downloaded from) the Site are altered or modified in any way;
(b) no graphics or other intellectual property rights on the Site are used separately from the corresponding text;
(c) our copyright and trade mark notices and this permission notice appear in all copies, and you acknowledge our status and that of any identified contributors as authors of the Site's content;
(d) you must not use any intellectual property or Site content for commercial purposes without a licence from us or our licensors; and
(e) you are not permitted to publish, transmit, or otherwise reproduce this information, in whole or in part, in any format to any third party without our prior written consent.
9.3 Subject to clause 10, no part of the Site may be reproduced or stored in any other website or included in any public or private electronic retrieval system or service without our prior written permission.
9.4 We do not guarantee that our Site will be secure or free from bugs or viruses. You are responsible for configuring your information technology, computer programs and platform to access our Site. You should use your own virus protection software.
9.5 If you breach any of the Terms, your permission to use the Site automatically terminates. You must leave the Site immediately, and destroy any downloaded or printed extracts from the Site.
9.6 All rights not specifically granted in these Terms are reserved.
10 Visitor material and intellectual property
10.1 Other than personally identifiable information, which is covered under our Privacy Policy, any material you transmit or post to the Site shall be non-confidential and non-proprietary and shall not be protected by any trade mark, patent or copyright.
10.2 You retain ownership of any materials or content you post to the Site, but grant us a worldwide non-exclusive, royalty-free, perpetual, irrevocable licence (with the right to sub-license) to use, reproduce, prepare derivative works of, display, perform, store, copy, distribute, and share your materials or content for any and all commercial or non-commercial purposes.
11 Conduct
11.1 You are prohibited from posting or transmitting to or from the Site any material:
(a) that is threatening, defamatory, obscene, indecent, seditious, offensive, pornographic, abusive, liable to incite racial hatred, discriminatory, menacing, scandalous, inflammatory, blasphemous, in breach of confidence, in breach of privacy or which may cause annoyance or inconvenience; or
(b) for which you have not obtained all necessary licenses and/or approvals; or
(c) which constitutes or encourages conduct that would be considered a criminal offence, give rise to civil liability, or otherwise be contrary to the law of or infringe the rights of any third party, in any country in the world.
11.2 You must not:
(a) engage in activities that harm or disrupt our Site (including any server hosting our Site or any server, equipment computer or database connected to or associated with our Site), including attempting to gain unauthorised access, introducing harmful software or any technically harmful material (including without limitation computer viruses and corrupted data), damaging or interfering with the Site or any related systems, or conducting denial-of-service attacks.
(b) conduct, facilitate, authorise or permit any text or data mining or web scraping in relation to our Site for any purpose;
(c) use our Site, or any data published by, contained in, or accessible via, our Site for the purposes of developing, training, fine-tuning or validating any AI system or model.
11.3 We shall fully co-operate with any law enforcement authorities or court order requesting or directing us to disclose the identity or locate anyone posting any material in breach of this clause 11.
11.4 Our Site may include information and materials uploaded by other users. This information and these materials have not been verified or approved by us. The views expressed by other users on our Site do not represent our views or values. We do not accept liability for any information or materials uploaded by other users on our Site.
12 Links
12.1 Links to third party websites on the Site are provided solely for your convenience. If you use these links, you leave the Site. We do not control and are not responsible for these websites or their content or availability. We therefore do not endorse or make any representations about them, or any material found there, or any results that may be obtained from using them. If you decide to access any of the third party websites linked to the Site, you do so entirely at your own risk. We shall not be liable for any loss or damage incurred by you due to the use of any such third party websites or their content.
12.2 You may link to the Site, provided:
(a) you do not remove, distort or otherwise alter the size or appearance of any of our logos;
(b) you do not create a frame or any other browser or border environment around the Site;
(c) you do not in any way imply that we have any relationship or affiliation with you or your website, or that we are endorsing any products or services other than our own;
(d) you do not damage our reputation or otherwise take advantage of it;
(e) you do not misrepresent your relationship with us nor present any other false information about us;
(f) you do not otherwise use any of our trade marks displayed on the Site without express written permission from us;
(g) you do not link to our Site from any website without the consent of the website owner;
(h) your website does not contain content that is distasteful, offensive or controversial, infringes any intellectual property rights or other rights of any other person or otherwise does not comply with all applicable laws and regulations; and
(i) you do so in a way that is fair and legal.
12.3 We expressly reserve the right to revoke linking permission. In the event of revocation, we will provide notice, and you must immediately cease linking and/or remove the link upon receiving such notice
12.4 We reserve the right to take any action which we deem appropriate in the event of your breach of these Terms.
12.5 We shall not be liable for any material on any websites that may contain links to our Site.
12.6 You shall fully indemnify us for any loss or damage suffered by us for breach of this clause 12.
13 No advice or offer
13.1 The information contained in the Site relating to the shares of the investment trust is for general information only and is not an invitation to invest in shares or other securities, or any other products or services or otherwise deal in these or enter into a contract with Law Debenture or any other company. Law Debenture is not authorised to offer investment advice to individual investors and nothing contained within this Site should be considered to be investment advice and the information provided should not be relied upon in connection with any investment decision. You should always seek appropriate financial, tax, and/or legal advice before entering into any financial transaction or applying for any of our products.
13.2 The Site is subject to change without prior notice and are not to be reproduced, copied or otherwise made available to persons other than those for whom it is intended, especially anyone outside the United Kingdom for tax and investment purposes, without the prior written consent of Law Debenture. You should revisit this page regularly to ensure that you have seen and are aware of the current Terms
13.3 If you are in any doubt about any of the information within the Site, please consult your independent financial adviser or other such adviser authorised to give investment advice.
14 Risk Warnings
14.1 We strongly recommend that you refer to our latest Annual Report and Accounts, Key Information Document and AIFMD Disclosure Document (copies of which are available on the Site) for full details of the risks associated with an investment in Law Debenture before applying for any shares or securities, or any other products or services referred to on the Site.
14.2 The past performance of Law Debenture or any other company referred to on the Website cannot be relied upon as a guide to its future performance. The price of shares and the income derived from them can go down as well as up and investors may not recoup the amount originally invested.
14.3 The price of shares in Law Debenture will be affected by the supply and demand for them on the London Stock Exchange and may not represent the underlying value of the assets of Law Debenture. For these reasons, investors may not get back the amount originally invested. The price can stand below the net asset value of Law Debenture ('at a discount') but it may also stand above it ('at a premium'). The growth of your capital will depend upon the movement of the discount/premium over the period you own the shares, as well as the growth of the assets of Law Debenture.
14.4 Tax assumptions may change if the law changes, and the value of tax relief (if any) will depend upon your individual circumstances. Investors should consult their own tax advisers in order to understand any applicable tax consequences.
15 Forward looking statements
The Site may contain forward looking statements. Any statement other than a statement of historical fact is a forward looking statement. Actual results may differ materially from those expressed or implied by any forward looking statement. Law Debenture does not undertake any obligation to update or revise any forward looking statements, whether as a result of new information, future events, or otherwise. You should not place undue reliance on any forward looking statement, which speaks only as of the date of its issuance.
16 Liability
16.1 Subject to clause 14.3, we, (including our officers, directors, employees, shareholders or agents) exclude all liability to you or any third party, whether in contract, tort (including negligence), breach of statutory duty or otherwise, for any indirect or consequential loss or damages arising under of in connection with these Terms or the Site, for any use of, or inability to use our Site, or use of or reliance on any content displayed on our Site.
16.2 We shall not be liable for the following types of loss:
(a) direct or indirect loss of income, profits, contracts, or anticipated savings;
(b) direct or indirect loss of or damage to goodwill;
(c) direct or indirect loss of use or corruption of software, data or information;
(d) direct or indirect loss or damages arising from or connected in any way to business interruption.
16.3 We do not exclude or limit in any way our liability to you where it would be unlawful to do so. Nothing in these Terms shall exclude or limit our or your liability for:
(a) death or personal injury caused by that party's negligence;
(b) fraud and/or fraudulent misrepresentation; or
(c) any liability which cannot be excluded or limited under applicable law.
16.4 Subject to clause 14.1, 14.2 and 14.3 our total aggregate liability to you arising out of or in connection with these Terms shall be limited to £100.
16.5 Nothing in the site should be construed as investment, tax, legal or other advice, nor is it to be relief upon in making an investment decision. Those accessing the Site should consult their financial advisers regarding the suitability of any of the shares in the investment trust. The value of investment and the income from them may go down as well as up and an investor may receive back significantly less than the original investment. Past performance is not a reliable indicator of future results.
17 Dispute resolution
If you have a dispute arising out of these Terms or your use of the Site, please contact us at general@lawdeb.com first and we’ll attempt to work with you to resolve the dispute.
18 General
18.1 We will only use your personal information as set out in our Privacy Policy (or, if you are a shareholder, as provided in our Shareholder Privacy Notice).
18.2 We may transfer our rights and obligations under these Terms to another organisation. We will ensure that the transfer will not affect your rights under the contract.
18.3 If any provision of these Terms is held to be illegal, invalid or unenforceable in whole or in part in any relevant jurisdiction, these Terms shall, as to such jurisdiction, continue to be valid as to its other provisions and the remainder of the affected provision.
No failure or delay by a party to exercise any right or remedy provided under these Terms or by law shall constitute a waiver of that or any other right or remedy, nor shall it prevent or restrict the exercise of that or any other right or remedy. No single or partial exercise of such right or remedy shall prevent or restrict the further exercise of that or any other right or remedy. An effective waiver shall not be deemed a waiver of any right or remedy in respect of any subsequent breach or default.
18.5 These Terms and any non-contractual disputes or claims arising out of or in connection with it shall be governed by and construed in accordance with English law. Each party irrevocably submits to the exclusive jurisdiction of the courts of England and Wales in relation to all matters (whether contractual or non-contractual) arising out of or in connection with these Terms or your use of the Site.