2. (1) A prospectus containing the information mentioned in section 4 and also all other information that may from time to time be required by the Government, verified as the Inspector may direct, together with the fee prescribed, shall be filed with the Inspector General by every company and syndicate,—(a) Upon the establishment in Québec of a head office or other office, and
(b) Upon commencing any business in Québec, or upon the sale therein of any of its securities, and
(c) Upon any material change in any fact set forth in the last prospectus filed, and
(d) Before the sale in Québec of any issue of securities, or any part thereof, other than that in respect of which a prospectus has been filed.
(2) A company which has already complied, for the current year, with the provisions of section 4 and which comes within one of the circumstances contemplated in any one of subparagraphs a, b, c or d of the preceding subsection 1 shall not be obliged to again give the information required by the said section 4.
(3) This section shall not apply to a trust company or to an insurance company, except when such corporation proposes to sell, to the public, securities issued by itself.