Securities Regulations 1983 (SR 1983/121) (as at 01 October 2009)

Regulation by clause

11 Guarantees
  • No advertisement shall state or imply that the securities to which it relates are guaranteed by any person without also stating—

    • (a) The name of the guarantor; and

    • (b) The nature and amount of the guarantee; and

    • (c) Whether or not the guarantee is secured and, if so, the nature and amount of the security:

      Provided that paragraphs (b) and (c) of this regulation shall not apply if the Crown is the guarantor and its guarantee is unconditional, or is subject only to the condition that the issuer or any other person has failed to repay the securities.