V-1.1 - Securities Act

Full text
38. The Authority may order that a distribution cease in the cases prescribed in section 15 or if it is in the public interest to do so.
1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 24; 2009, c. 25, s. 8.
38. The Authority may order that a distribution cease
(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;
(2)  if the amendment to the prospectus or preliminary prospectus has not been made within the prescribed time;
(3)  if the Authority considers that the protection of investors requires it.
The distribution may be resumed only with the authorization of the Authority.
1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90; 2006, c. 50, s. 24.
38. The Authority may order that a distribution cease
(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;
(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;
(3)  if the Authority considers that the protection of investors requires it.
The distribution may be resumed only with the authorization of the Authority.
1982, c. 48, s. 38; 2002, c. 45, s. 696; 2004, c. 37, s. 90.
38. The Agency may order that a distribution cease
(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;
(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;
(3)  if the Agency considers that the protection of investors requires it.
The distribution may be resumed only with the authorization of the Agency.
1982, c. 48, s. 38; 2002, c. 45, s. 696.
38. The Commission may order that a distribution cease
(1)  if the prospectus or preliminary prospectus does not conform to this Act or the regulations;
(2)  if the amendment required by section 25 or 26 has not been made within the prescribed time;
(3)  if the Commission considers that the protection of investors requires it.
The distribution may be resumed only with the authorization of the Commission.
1982, c. 48, s. 38.