Section 129
of Securities Markets Order, 2013
ORDERIn forceProvision 128 of 288
Section 129
An issuer and each director of the issuer at the time of the issue of the prospectus who fails to comply with the content or requirement of a prospectus, is guilty of an offence and liable on conviction to a fine not exceeding $100,000, imprisonment for a term not exceeding one year or both.
Damages for false or misleading statements in prospectus.