Pursuant to Section 313(6) of the Investments and Securities Act 2007, the following proposed/new rules and amendments are made by the Commission.
Amendment to Rule 279 (5) Shelf Registration
Rule 279 (5) (ii) of the Rules and Regulations is amended by the inclusion of the following provisions:
1. A shelf prospectus relating to non-equity securities issued by Supranational Agencies shall be effective indefinitely from the date of its registration.
2. Information in the Shelf Prospectus shall be updated prior to the issuance of any tranche/series.
3. The shelf prospectus shall be updated by the filing of an addendum to the Shelf Prospectus with the Commission.
The addendum may include an information statement and/or any other relevant information and shall be incorporated by reference in any tranche/series to be issued.