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Section 78: Material change

Securities Act · PART V: OFFERS AND ISSUES 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.

78. Material change (1) Where a material change occurs after the registration is granted, the person making the offer shall file an amendment with the Commission. (2) The amendment in subsection (1)— (a) shall not be filed more than 10 days after the change; (b) shall be subject to the approval of the Commission. (3) Where an amendment has been approved by the Commission, the amendment shall be— (a) published in a newspaper of widespread circulation as soon as practicable; and (b) included with the prospectus when sent or given to a potential investor. [S. 78 amended by s. 25 of Act 15 of 2007 w.e.f. 28 September 2007.]

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