Section 67: Offer or distribution of securities
consolidated text (as at 2018, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
67. Offer or distribution of securities
For the purposes of this Act, a person shall be deemed to make an offer
or distribution of securities where that person invites or solicits another person to—
(a) purchase or subscribe to securities that have never been issued;
(b) enter into an agreement for the underwriting of securities;
(c) purchase securities underwritten;
(d) distribute securities previously offered without a prospectus; or
[Issue 1] S7 – 22
Revised Laws of Mauritius
(e) purchase securities, other than securities acquired on a securities
exchange in normal market operations, previously issued and
held by a person, including an issuer,
and where the offer or distribution is made from Mauritius, or received in
Mauritius.