Clause 80

Subject to subsection (3) and such requirements as may be prescribed by the Authority, a person making an offer of securities using —

any automated teller machine; or

such other electronic means as may be prescribed by the Authority,is exempted from the requirement under section 240(1)(a) that the offer be made in or accompanied by a prospectus in respect of the offer or, where applicable, the requirement under section 240(4) that the offer be made in or accompanied by a profile statement in respect of the offer.(2) For the avoidance of doubt, a prospectus which complies with all other requirements of section 240(1)(a) or, where applicable, a profile statement which complies with all other requirements of section 240(4) must still be prepared and issued in respect of any offer referred to in subsection (1).(3) Subsection (1) shall not apply unless the automated teller machine or prescribed electronic means indicates to a prospective subscriber or buyer —

how he can obtain, or arrange to receive, a copy of the prospectus or, where applicable, profile statement in respect of the offer; and

that he should read the prospectus or, where applicable, profile statement before submitting his application,before enabling him to submit any application to subscribe for or purchase securities.”.