reg 8
In forceConditions of issue
Part 3Issue of inscribed stock
8 Conditions of issue
(1)
The Corporation is to determine:
(a)
the amounts in which;
(b)
the prices at which; and
(c) the terms and conditions, including terms and conditions as to rates and interest, on which,
stock may be issued and sold.
(2) The Corporation, before issuing stock to the public, is to make available a prospectus:
(a)
inviting applications to purchase the stock; and
(b) setting out the price, terms and conditions of the issue of the stock, including terms and conditions as to rates and interest, determined by the Corporation.
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