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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