Regulation 3

Offers that are not public offers under old law

of Securities and Futures (Offers of Investments) (Shares and Debentures) (Transitional and Savings Provisions) Regulations 2005

Subsidiary LegislationIn forceProvision 3 of 9

The old law shall apply as if the new law had not been enacted, in relation to an offer of securities that —

(a)

is made before the appointed date and has not closed by that date; or

(b)

is made at any time within the period of 2 months beginning with that date and closes before or on the last day of that period,if the offer —

(i)

is not an offer to the public under the original Act; but(ii)is one to which Subdivision (2) and (in the case of an offer of debentures) Subdivision (3) of Division 1 of Part XIII of the principal Act would (but for this regulation) apply.

Read in full context — Securities and Futures (Offers of Investments) (Shares and Debentures) (Transitional and Savings Provisions) Regulations 2005 →