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Securities Markets Order, 2013 · s 121
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Securities Markets Order, 2013 · s 121
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
A form of prospectus that includes a statement, other than a statement which is an extract of an official statement or any other statement as may be specified by the Authority, purporting to be made by any person or to be based on a statement made by such person, shall not be issued unless -
{a}
the person has given his written consent to the issue of the form of prospectus with the statement made in the form and the context in which it is included and has not, before the date of issue of the form of prospectus, withdrawn such consent; and
there appears in the form of prospectus a statement that the person has given and has not withdrawn his consent.
1330
(2}
Any person who knowingly is a party to the issue of any form of prospectus in contravention of subsection (1) is guilty of an offence and liable on conviction to a fine not exceeding $100,000, and, in the case of a continuing offence, with a further fine not exceeding $10,000 for every day or part thereof during which the offence continues after conviction.
Post effective date requirements for registration statement.