Question

No prospectus shall be valid if it is issued ____________ after the date on which a copy thereof is delivered to the Registrar

A Less than ninety days Correct Answer Incorrect Answer
B More than sixty days Correct Answer Incorrect Answer
C More than ninety days Correct Answer Incorrect Answer
D In contravention of the provisions of section 26 of the Act Correct Answer Incorrect Answer

Solution

Section 26 Matters to be stated in prospectus - (8) No prospectus shall be valid if it is issued more than ninety days after the date on which a copy thereof is delivered to the Registrar.

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