Question

    The Prospectus must be issued to the public within

    ______________ days after the date onwhich a copy thereof is delivered to the Registrar
    A 30 Correct Answer Incorrect Answer
    B 60 Correct Answer Incorrect Answer
    C 90 Correct Answer Incorrect Answer
    D 120 Correct Answer Incorrect Answer

    Solution

    Section 26 A prospectus must not be issued more than 90 days after the date on which a copy thereof is delivered for registration. If a prospectus is issued it will be deemed to be a prospectus a copy of which has not been delivered to the registrar.

    Practice Next