New Zealand Legislation: Regulations
Regulations are laws made under Acts
No registered prospectus or advertisement shall state or imply that a person is, or intends to become, a member or shareholder of the issuer of the securities to which it relates without also stating whether or not the securities are guaranteed by that person.
Regulation 18 was amended, as from 1 July 1994, by section 3 Company Law Reform
(Transitional Provisions) Act 1994 (1994 No 16) by inserting the words “or shareholder”
.
