Section 16
of Securities Markets Regulations, 2015
Subsidiary LegislationIn forceProvision 16 of 199
Section 16
(1)
For the purposes of the Order, an expert is deemed as having certified any part of the registration statement or any document and is responsible for any statement or report reproduced (in whole or in part) in a prospectus with his written consent.
(2)
A person responsible for filing a prospectus must -
(a)
include a statement in the prospectus that the expert has consented to the reproduction of his statement or report;
(b)
file the written consent of the expert with the Authority; and
(c)
keep a record of the written consent received from the expert.
Offer of asset-backed securities issued by special purpose vehicle.