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      Question

      What is the validity period of Shelf

      Prospectus?
      A 3 months Correct Answer Incorrect Answer
      B 6 months Correct Answer Incorrect Answer
      C 9 months Correct Answer Incorrect Answer
      D 1 year Correct Answer Incorrect Answer

      Solution

      1 year, Explanation: Section 31 The validity of the Shelf Prospectus shall be for a period not exceeding┬аone year┬аwhich shall commence from the date of opening of the first offer of securities under that prospectus.

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